Mediterranean Food Manufacturer Distributor of Dips & Sauces

Description

This Company was established 14 years ago. It grew eventually big to become one of the largest producers of Mediterranean Food in California. Such as Dips (Hummus), Sauces and dressings. Major clients include: El Aal Airlines, American Airlines, United Airlines. Distribution to above clients processed through another company. Private labels are distributed to major supermarkets and most Mom & Pop businesses through a third party as well. Profit margin expected to increase this month due to company’s purchase of brand new Packaging machine (Vacuum seals) this week. The employee number will decrease to 34 people. The Company invested so far $4000,000. In Equipment. Current devaluated market value of equipment is approximately $2,500,000 which are well maintained and in excellent condition through regular maintenance.