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Details - Information last confirmed on May 16, 2021
We recently became aware of an exclusive, off market add-on opportunity for a New York based Pasta and Ravioli Manufacturer and Distributor. The business services approxiamately 200 accounts in Long Island and the metro NYC area and has been a staple in the region since 1982. The company works directly with chefs and other food executives to produce over 100 varieties of pasta and ravioli at its state of the art 4500 sq foot plant, with 2800 ft of cold storage as well as an office and active retail show room.
The company’s products are currently found in the finer country clubs, resturants and specialty food markets, under their own name and as a private label manufacturer around the NY metro area. With an additional 70% production capacity for existing accounts , other markets poised for growth are the retail/private label and luxury airline food service markets.
The company had revenue of $990K for with $250K EBITDA for 2019. Current ownership is prepared to remain place for a transition period to the new owner.
Please contact us if you would like to learn more about this opportunity.
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