Food Manufacture (El Monte) $400,000 (Unavailable)

Net income $187,700/yr
DAYS / HOURS OPEN:  Open Monday-Friday
FULLTIME EMPLOYEES:  13
INVENTORY VALUE:  $50,000
REASON FOR SELLING:owner retire
Well established 20 years in business with Dumplings, scallion pancakes, pot sticker sat food manufacture in south El Monte South CA, which are supplier to a lot of supper-marker's . the owner will retire for good , and the owner is very motivation to sale his business.

  1. They been in business since years of 2002
  2. They recipes is from themselves
  3. Yes the recipes is come from themselves
4. They served  99 rancher markets , H markets, TS markets, Shu Fa markets, Hong Kong markets.
5. They are sell to mainly local supermarkets also out states supermarkets
6. No direct online sales yet
7. Yes, they use their own brand name for the food
8 .they have CPA, but the buyer can use they own financials auditor
9. every other Tuesday and Thursday they use machinery, 
10.  yes, they have automated machinery

1.the sales during the pandemic is $110,000/month (before pandemic they have a lot of cash sales)
2.the rent is $4250.00
3. the COGS is $10.6M
4.the rent going to be expired on next year, but the new owner can always renew the lease
5.13 employee
6.yes, they have one manager for USDA
7.One owner, ( Yes)
8.How many shift? (None)​
the worker start 6:00 am to 3:00pm
SBA available not available.
​Tour appointment only
What is sqft of the business? 5000 sqft
How much is the payroll? $23,000.00

the equipment for this business as following
5 dumpling making machine 
2 kneading machines
2 pressure push, kneading machine
1 mixer machine
1 meat grinder
2 cut vegetables machines
1 ice making machine
10 work benches
20 moving frames
3 moving frames
20 fixed shelves
425 sqft frozen cold storage
650 sqft product cold storage 
275 sqft fresh-keeping cold storage

Income
year 2016 $960,455          
year 2017 $971,602          Cash sales $128,715
year 2018 $975,196          Cash sales $188,374
year 2019 $892,311          Cash sales $325,042
year 2020 until June $483,890   Cash sales $208,152​

Are these CPG products like retail packages or food service: It is Retail packages
​Please email me a proof of funds before asking any questions.
Cash only, the loan is not available.

2. What manufacturing of food can current equipment produce? dumplings

3. How many employees full time vs. part time? How many were furloughed cause of covid? 13 employees are full time not part time employees

4. Can we get breakdown of long term contracts versus short term contract work? I do not know about these

5. Is the business bank financeable? No

6. Just to confirm all recipes are included in the sale? yes

Buyer needs to show proof of funds first.
​No owner carry.

​Do not talk to the owner and employees.
​No Co-op brokering.

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