Business Profile
Established and Medicaid-certified company specializing in the preparation and distribution of meals for program beneficiaries through government-funded and institutional contracts. The business operates under strict regulatory standards and maintains all required licenses and certifications to serve a highly regulated, high-demand market.
The business model is built around recurring contracts with insurance providers, healthcare organizations, and care centers, resulting in predictable revenue streams and a stable client base. Operations are fully structured, with defined processes for food production, logistics, quality control, and regulatory compliance.
The company operates with proven infrastructure, trained staff, and systems designed to support efficient scaling. Its long operating history, regulatory track record, and compliance capabilities create high barriers to entry and a strong competitive position within Florida’s Medicaid food services sector.
Financial Information
2024 Results (highlights)
- Sales: $7,016,781
- COGS: $3,220,888
- Expenses / Deductions: $3,204,784
- Ordinary Business Income (OBI): $591,109
- Add-backs: $1,245,370
- Seller Discretionary Earnings (SDE): $1,836,479
Tax Summary (gross sales)
- 2024: $7,016,781
- 2023: $7,388,329
- 2022: $4,306,637
Ordinary Business Income (OBI)
- 2024: $591,109
- 2023: $171,218
- 2022: $96,446
2025 Revenue (sales)
- 2025: $8,551,785
Transaction Structure
- Asking Price: $9,925,000
- Indicated Valuation: 5.4x 2024 SDE
Industry Information – USA and Florida
The Medicaid-certified food services industry in the United States operates at the intersection of healthcare, nutrition, and social assistance, serving vulnerable populations through publicly funded programs. The industry is highly regulated, with strict requirements related to licensing, food safety, traceability, reporting, and recurring audits, which significantly limit new market entrants.
In Florida, demand for Medicaid food providers has increased steadily due to population growth, an aging demographic, and a rising number of individuals requiring long-term or assisted care services. Insurance carriers, managed care organizations, and care facilities rely on certified providers to meet contractual and regulatory obligations.
The business model is characterized by recurring contracts, stable volumes, and predictable cash flows, but requires disciplined operational execution and cost control. Established providers with a clean compliance history, audited processes, and existing production capacity hold a meaningful competitive advantage.
Within this context, well-positioned Medicaid food providers represent defensive, recession-resilient assets with opportunities for organic growth through geographic expansion, additional contracts, or capacity optimization.
Facility Description
The company operates from purpose-built facilities for food production and distribution in compliance with healthcare and Medicaid program requirements. The layout includes dedicated areas for meal preparation, packaging, cold storage, and dispatch, designed to meet strict food safety and sanitation standards.
The facilities are equipped with professional-grade machinery and systems capable of supporting high production volumes while maintaining consistency, quality control, and full traceability throughout the process. The operational design promotes efficient workflow and minimizes the risk of cross-contamination.
In addition to production areas, the operation includes administrative and control spaces that support contract management, regulatory compliance, audits, and logistics coordination. The current infrastructure supports existing demand and provides flexibility for growth through capacity expansion or operational optimization under new ownership.
