For Sale
$597,000

Confidential Luverne, MN 56156

Established business, strong revenue, seller financing.

Overview

Added:
Dec 11, 2024
Days on market:
127
This thriving meat processing business and facility in Luverne, Minnesota (zip code 56156) is offered for sale at $597,000. Boasting a strong track record of success over 13 years, the business generated $667,003 in gross revenue and $133,679 in Seller Discretionary Earnings (SDE) last year. The sale includes $192,489 in furniture, fixtures, and equipment (FF&E). Seller financing of $59,700 is available to qualified buyers. The business currently employs two people (one full-time, one part-time) and offers custom processing of pork, beef, and venison, including smoking services. The owner, who works 40 hours per week, is selling due to a change of industry and offers eight weeks of support and training to the new owner. A non-compete agreement is in place for 50 miles for five years. USDA and SBA financing may be available. Significant growth potential exists through increased marketing efforts and expanding services to include processing whole deer carcasses during the fall hunting season. The current marketing strategy relies on Facebook and word-of-mouth referrals. The business and property were purchased in July 2011. This presents a unique opportunity to acquire a well-established, profitable business with significant upside potential in a desirable location.

Highlights

  • Asking Price: $597,000, with $59,700 seller financing available.
  • Successful meat processing business in Luverne, MN, generating $667,003 in gross revenue and $133,679 in Seller's Discretionary Earnings (SDE).
  • Includes $192,489 in furniture, fixtures, and equipment (FF&E).
  • Two employees (one full-time, one part-time).
  • Services include custom processing of pork, beef, and venison, and smoked meats.
  • Established business, operating for 13 years, with a 50-mile, 5-year non-compete agreement.

Property Details for 0 Confidential

Property type
Commercial real estate

Location Insight

City
Luverne
County
Rock
State
Minnesota
Latitude
44.9836543
Longitude
-93.2693572
Confidential, Luverne, Minnesota

FAQs

What type of property is this?
Commercial real estate - Established business, strong revenue, seller financing.
Where is the commercial real estate located?
The property is located at Confidential Luverne, MN.
What is the asking price?
The asking price for this property is $597,000.
What are key features of this property?
This property features: Asking Price: $597,000, with $59,700 seller financing available.; Successful meat processing business in Luverne, MN, generating $667,003 in gross revenue and $133,679 in Seller's Discretionary Earnings (SDE).; Includes $192,489 in furniture, fixtures, and equipment (FF&E).
How can I contact the broker?
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0 Confidential
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