60 YEAR OLD CHEESE MANUFACTURING BUSINESS IN ONTARIO
Listing ID: 2020.09.22.002
Type of Sale: Asset
Industry: CHEESE manufacturing
Reason for Sale: CHANGING INTO OTHER INDUSTRY
This cheese manufacturing company has been in the business for 60 years operating out of Ontario. The business produces staple household cheeses such as cheddar, mozzarella, Monterey Jack, havarti, etc.
The company has been successful in filing for Government R&D support programs and has multiple
applications pending as well.
The business employs around 124 full time employees. There is an incredible opportunity for the would-be buyer to increase revenue exponentially and reduce cost of sales by an estimated 70% by upgrading the equipment and machinery currently used.
The business also conducts no marketing currently creating a lot of room to grow for the prospective buyer.
Year Established: 1967
Employees: Average 125
Monthly Rent: $0
FFE Included: Yes
Inventory on hand value: $21,500,000
Financing/Terms: Financing Can Be Arranged For The Right Candidate