Product Packaging, Cold Storage, Transportation

, California 10 views 0 favorites

Financial Highlights
Asking Price
$502,595
Revenue
$2,015,013
Business Description

Since 1982, the owner of this legacy Company has focused on the lucrative and highly specialized niche providing bulk packaging (not bottling), transportation and cold storage to winery manufacturers in the Temecula Valley of Southern CA. Today, the Company services 90% of wineries in the area. The Temecula Valley’s wineries and casinos contribute over $1 Billion in local economic revenue to the area each year. This area has been coined "Southern California’s Napa Valley". People flock here for its outdoor recreation, entertainment, small-town atmosphere and evolving culinary scene. Geographically, the area is conveniently situated between Los Angeles, Riverside and San Diego Counties. The Company's owner and founder says, “Over the years, it has become evident that wineries are in the business of manufacturing wine, not so much in the transporting or storage of wine. This is where our Company excels.” After decades of service, the Company has built a trusted and respected reputation within the wine industry. The Company’s facility, which is owned, and is also being sold, has capacity for 2,000-pallet cold storage. It currently houses 1,200 pallets and thirty wine barrels. Two of the Company’s 108 active customers each comprise 13% and 14% of total revenues. Although individual winery customers insure their products, the Company holds a CA Dept. of Public Health Food and Drug Branch Cold Storage or Refrigerating Facility License and a CA Alcohol Beverage License to store wine and spirits. Employees on Staff: Office Manager $30/hr, since 1981, 25 hours/wk (is retiring) Customer Service Rep, $20/hr, since 2000, 10 hours/wk Warehouse Manager, $24/hr, since 2018, 40+ hours/wk Accounting/Customer Service, $25/hr, since 2018, 40 hours/wk FFE included in sale: Two each Label-Aire label applicator & conveyor, Great Dane trailer, 2002 Ford F-150 truck, electric forklift, propane forklift, Jungheinrich electric pallet jack, automatic pallet wrapper, vertical corrugated baler, desks, chairs, file cabinets, printers, computers, lobby sofa and chairs, large conference table and chairs, three Dell laptop computers, three desktop computers and server. Seller as-is value $101,500. Dual axel heavy duty Penske truck tractor used for operations has three years remaining on lease which buyer can assume. NAICS 493120 Refrigerated Warehouse & Storage and 561910 Packaging and Labeling Services The preceding narrative is compiled and written by Margot Murphy, intermediary with Sage Advisory Group. All information is provided from seller and is believed to be accurate, yet all interested parties are required to verify information to their complete satisfaction. Interested? Fill in the "Contact Form" window on the right side of this listing, with your name, phone number and email. An electronic NDA and Buyer Profile form will be emailed to you. After completion of the forms, a link to access additional information about the business will be emailed to you. Location: Temecula, California Year Established: 1982 Number of Employees: 4 Real Estate: Owned Building Sq. Ft.: 22,464 Facilities: Building size 22,464 SF. Lot size 1.21 ac. Three docks, one with truck well and two high profile bays. 24’ ceilings, 800-amp service, 18,000 SF under refrigeration with newer units. Full sprinkler certified. New roll-on membrane roof installed in 2019. 4,000 SF comprises two floors of office space, conference room and lobby. Building has 2,000 pallet storage capacity and is outfitted with cameras and crash gates. Market Outlook/ Competition: A detailed conversation with seller. Growth & Expansion: Integrate bar code tracking to cold storage customer product inventory. Add sales rep(s) to expand customer service categories into vertical industries. Expand service footprint into surrounding areas outside Temecula.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 21, 2022

Updated: 22 hours ago

Views: 10

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