USA Manufacturer of Food Production Equipment

Business Description

Founded in 1998, this business is a trusted manufacturer of industry-leading food processing equipment, serving a range of sectors including seafood, meat, poultry, agriculture, and dairy. Known for its innovation and engineering versatility, the company offers a broad portfolio of machinery —including patented designs—serving clients across multiple continents. Typical orders range from $100,000 to $300,000, with standard lead times of approximately eight weeks for equipment production.

SDE fluctuations stemmed largely from the broader financial impact of COVID-19 and an industry-wide overcorrection. Many companies faced similar financial strain, leading to a slow recovery. Although initial optimism returned when interest rates dropped, the later rise in rates revealed the unsustainability of debt-driven operations, causing sales to decline and recovery efforts to stall. However, the business is now back on track. The company is well-positioned for renewed growth and long-term stability with a more balanced customer mix, new product lines, and strengthened financial discipline.

The business employs a dedicated team of approximately 16 staff members, with most employees having been with the company for over a decade, reflecting a strong culture and low turnover. The owner is confident that the entire team will remain in place post-sale. Although the current owner intends to eventually exit, they are willing to remain in a transitional or advisory role to support the next phase of growth.

 

2020 2021 2022 2023 2024
Revenue $5,307,134 $6,627,295 $9,976,476 $7,715,853 $5,669,587
SDE $(27,648) $253,948 $(360,065) $155,782 $460,235

 

 

Financial

Asking Price: $1,100,000

Revenue: $6,692,720 (2023 & 2024 Avg)

Income: $308,009 (2023 & 2024 Avg)

Multiple: 3.5x

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