Company Overview
Overview: Industrial Latin food manufacturing plant located in Miami-Dade County, Florida, holding USDA (ready-to-eat and ready-to-cook) and FDA certifications, with SQF certification currently in process.
Products: Broad portfolio of frozen and ready-to-cook/ready-to-eat products, including empanadas, pandebono, buñuelos, pandeyuca, tequeños, multiple arepa formats, yuca croquettes, and desserts such as flan (caramel, dulce de leche, coconut, and cheese), 3 leches and 4 leches, natas, and dulce de leche, among others.
Customers & channels: 150+ customers including national and local distributors, restaurant chains, retailers, gas stations, and institutional buyers such as Sysco and Cheney Brothers.
Sales footprint: Products sold across multiple U.S. states, including Florida, North Carolina, Georgia, Maryland, New York, Connecticut, Chicago, Minnesota, Texas (Dallas & Houston), Virginia, and others.
Facility & capacity: Air-conditioned offices and warehouse space in a strategic logistics location, with ample parking and two loading/unloading docks suitable for containers and cargo trucks. Room to expand production within the existing premises.
Team & operations: 10 employees including the owner, with team leaders in kitchen production, USDA ready-to-cook production, and packaging, supported by a production team.
Growth opportunity: No dedicated sales team; current revenue has been achieved without formal sales infrastructure, representing an opportunity for a buyer to implement structured sales and marketing.
Facility Description
The business operates from air-conditioned office and warehouse space in a premium, strategically positioned location in Miami-Dade County, Florida. The site includes ample parking and two loading/unloading docks suitable for containers and cargo trucks, supporting efficient receiving and outbound distribution.
Total area: 6,000 sq ft (557 m²)
Monthly rent: USD 9,500
Lease: Long-term, renewable
In addition, the current premises offer available space to expand production capacity within the existing facility.
Industry Overview
USDA-certified food manufacturing plants operate under strict oversight from the U.S. Department of Agriculture through FSIS, authorizing the processing of meat, poultry, and egg products across fresh, frozen, and fully prepared categories. These facilities must meet high standards for food safety, quality assurance, and compliance required for national distribution and, in many cases, export.
United States: approximately 6,000 to 6,500 plants under direct USDA inspection, employing about 1.83 million workers in 2024, with industry revenue exceeding USD 1.0 to 1.1 trillion. Long-term outlook remains stable, driven by rising demand for convenience foods, ethnic flavors, and ready-to-eat products, alongside continued investment in automation, sustainability, and product innovation.
Florida: one of the fastest-growing U.S. markets, supported by population growth, strong demand for Latin and specialty foods, and major logistics advantages through ports, airports, and efficient trucking networks. The state hosts multiple USDA/FSIS-certified facilities with export capability, strengthening the investment appeal for strategic buyers and investors.
Investor relevance: USDA-certified facilities are high-value, high-barrier-to-entry assets due to regulatory credentials, access to distribution and export channels, scalability for new product lines, and historically resilient demand.
Financial Information
Financial information is based on Form 1120-S U.S. income tax returns (S Corporation). For 2024, the company reported gross sales of USD 1,506,938, cost of goods sold of USD 719,040, and total operating expenses of USD 750,280, resulting in an Ordinary Business Income (OBI) of USD 41,618.
Identified add-backs total USD 263,324, including officer compensation, interest, depreciation, and owner-related personal expenses charged to the business, producing Seller Discretionary Earnings (SDE) of USD 304,942 for 2024.
Historical sales: USD 1,298,777 (2023) and USD 971,700 (2022).
Historical OBI: -USD 88,640 (2023) and -USD 153,086 (2022).
Asking price: USD 2,500,000 (inventory excluded). Inventory is estimated at approximately USD 150,000, subject to verification prior to closing.
The valuation presented reflects a multiple of approximately 8.2x 2024 SDE.
