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| Highly Unique Food Related Manufacturing Company | |
| Industry Description |
Display Food Replicas |
SIC |
n/a |
| Days Open |
5 |
Year Established |
1975 |
| Hours of Operation |
9 - 5 M-F |
Years Owned |
1975 |
| Full-time Employees |
10 US; 30 Mexico |
Part-time Employees |
0 |
| Other Notes |
www.iwasaki-images.com |
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| Hours/wk by Owner |
40 |
Owners Duties |
Mngt. Oversight |
| Skills / Licenses ReqŐd |
8 yr. Apprenticeship |
Training Offered / Cost |
As required |
| Non-Compete Terms |
As necessary |
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| Exec. Summary |
This firm hold up to 80% market share in its category, services the top |
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| Restaurant chains nationwide, including McDonalds, Pizza Hut, Red Lobster, Olive Garden, etc. |
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| Lease / Bldg. Info. |
Monthly Rent |
Approx. $6,552/mo. |
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| Lease Commenced |
Deposit |
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| Lease Expires |
Term & Option |
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| Bldg./Area Description |
Square Footage |
10,080 sq. ft. (US) |
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| Seats, Pkg, Zoning, etc. |
This firm also operates a 10,000 square foot facility in Mexico for $3,000 / mo. |
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| Reason for Sale |
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| Financial Summary |
Current Yr. Annual |
2003 / Owner to Prove |
2002 / Owner to Prove |
| Gross Revenue |
As 2003 |
$1,262,437 |
$1,431,823 |
| COGS |
$854,478 |
$1,053,991 |
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| Rent / CAM |
$50,578 |
$61,537 |
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| Payroll |
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| Net Profit (before tax) |
To be discussed |
To be discussed |
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| Discretionary Cash |
As 2003 (to be discussed) |
$10,000 (to be discussed) |
To be discussed |
| Expense Breakdown |
This firm has many opportunities to increase revenues / decrease expenses. |
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| Included in Sale |
Assets |
Liabilities |
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| FF&E Included |
$100,000 |
Lease Obligations |
$0 |
| Inventory Included |
$50,000 |
Debt Included |
$200,000 |
| Other Assets Included |
~ $100,000 A/R |
Other Liabilities |
< $100,000 A/P |
| Working Capital |
$50,000 (included) |
Return on Sale Price |
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| Asking Price |
To be discussed |
Owner Financing/Terms |
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| Earnest Money Dep. |
Down Payment |
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Opportunity Summary |
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Headline |
Highly Unique Food Related Manufacturing Company |
| Summary |
US Division of a highly unique international business for sale. This business manufactures customized and stock item replica, or "fake" food - a highly unique food/restaurant related product that caters to the nationŐs largest restaurant chains and clients. The company has been established for 25 years in the U.S., and 75 years abroad, and commands 80% markets hare for its product! As this is a highly confidential sale, kindly contact us directly for additional details. |
| Facilities / Assets |
This business is located in a 10,080 sq. foot US facility, and a 10,000 sq. foot manufacturing facility in Mexico employing 30 persons. |
| Competition |
Only 1 2 competitors exist in the segment. Competitors, however, reportedly have inferior production procedures and cannot compete on quality, but do on price. |
| Growth Potential |
There are many opportunities to immediately improve the profitability of this firm. |
| Other |
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