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Ice Factory Investment Opportunity in Miami, United States

Ice manufacturer, wholesaler & distributor in South Florida having 120 clients seeks funding.
This transaction has concluded.

Established 10-20 year(s)
Employees 5 - 10
Legal Entity Limited Liability Company (LLC)
Reported Sales USD 465 thousand
Run Rate Sales USD 540 thousand
EBITDA Margin 7 %
Industries Ice Factories
Locations  Miami
Local Time 9:25 AM America / Nipigon
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 650 thousand for 30.0% stake (Native Currency: USD 650,000)
Reason: - Working capital for increase production capacity.
- Buy 100 new ice merchandisers.
Includes physical assets worth USD 1.5 million
Documents
Business Overview

- Company manufactures and distributes bulk ice cubes.

- Daily production limit is 12 - 20 tonnes per day of 10 lb and 20 lb.

- Fully equipped and automatized machines has the capacity to produce 100 tonnes a day.

- Currently serving 120 companies.

- We have one truck to the fleet.

- Have our own sales team for marketing.

- We serve at the lowest production and distribution cost in the market.

- Company has 11 years of market presence.

Products & Services Overview

- Manufactures and sells bagged ice 10 lb of 20 lb.

Facilities Overview

- Leased - 13,000 Sq Ft, elevated dock of 20 Ft clearance, $3,700 / month which is centrally located.

- Drive -in freezer 6,200 Sq Ft and clearance of 18 Ft (holds 2,50,000 bags of ice).

- 600 amps at 480 V sufficient to run factory at full potential capacity of 200+ tonnes / Day.

Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.

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