Issue link: http://deals.uberflip.com/i/1489093
Well-Established Fresh Produce Company Shipper, and Marketer Georgia #64208 Sign NDA ► BUSINESS HIGHLIGHTS The Company is a successful shipper and marketer of fresh produce. Customer markets include wholesalers/distributors, grocery chains and processors primarily in the Southern US and Northeast US as well as the Midwest and Canada. The Company has par cular exper se in Vidalia onions, sweet potatoes, squash, green beans, and zucchini. It differen ates itself in the market by handling and shipping a variety of vegetables, with convenient pick-up and delivery op ons. The Company is located in a rural, business-friendly area, where non-union labor is generally available. The facility comprises 25,684 square feet and includes refrigerated warehouse, storage room, and bean line room. Ownership is willing to consider a sale or lease (subject to appraisal and nego a on) of facili es in conjunc on with a sale of the business. There is a myriad of growth opportuni es to expand the business with adding new vegetables, expanding delivery to ins tu ons and grocery stores and expor ng produce. The Company is well- posi oned for con nued growth and success. 2022 Est Revenue 5.4MM 2022 Est EBITDA $1K Julie Sandoval, MBA Senior Managing Director 678-646-6704 jsandoval@genera onal.com Genera onal Group 11175 Cicero Dr. Suite 100 Alphare a, GA 30022 Fax: 972-392-8581 INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 INVESTMENT CONSIDERATIONS Superior Name and Reputa on: Founded in the 80's, the Company is a well- established, well-known, and widely trusted name in the Southeast US's produce industry Strong Rela onships: The Company has a strong network of growers in Georgia and Northern Florida, and many long-term sa sfied repeat customers Loca on: The Company's facility loca on is well posi oned to expand opera ons and geographically (e.g., expand the grower network into the Carolinas). Na onal and Interna onal Reach: The Company serves customers in mul ple states as well as Canada Favorable Outlook for Industry Growth: Domes c demand for food, an indicator for fresh produce wholesalers, is forecast to grow at an annual compounded rate of 3% between 2019 and 2023 KEY 2022 HIGHLIGHTS • $5.4M • 95% Rate of Repeat Business • 76 Ac ve Accounts EMPLOYEES Full-Time Employees - 4 Owner—1 Markets DISCLAIMER: All informa on contained in this document has been provided by the subject company to Genera onal Equity and while believed to be correct has not been verified. Accordingly, Genera onal Equity makes no representa ons or warran es as to the accuracy and truthfulness of such informa on. The recipient hereof acknowledges that Genera onal Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Genera onal Equity of this document. At all mes Genera onal Equity and its affiliate network members is an agent for the seller and not for the buyer. Genera onal Equity's fees are paid by the seller.
