Echo Lake Meat Market and Processing Facility

Price: $1,125,000

Location: Soldotna, Alaska

Industry: Meat Market and Processing Facility

This business has increased its revenue by $150,000 so far this year during Covid-19. Huge Price Reduction! Echo Lake Meats & Processing Facility is a diversified Specialty Service Meat Market that has been in operation since 1976. The property was remodeled in 2013 to enhance and ensure the on-going quality of products and superior customer service. Their location in Alaska is unique, Echo Lake Meats & Processing is located close to world-class sport fishing and big game hunting. This Business sale includes both the Business and Real Estate. The Business generates revenue from multiple sources with several possible additional revenue streams not being utilized at this time. There is a 1- bedroom apartment on the upper level, this could be rented out for additional income or used as an on-site owner’s unit. The other potential source of income is a drive-through window service area that once was used to sell food products, this could be leased to another entity, or used for additional services such as a drive-through coffee shop or any drive-through business operation. Echo Lake Meats & Processing provides a full retail Meat Market providing a variety of meats, specialty sausages, gourmet deli meats, Alaska Smoked Salmon, fresh Alaska Seafood, and 3 different kinds of Homemade Gourmet Spreads, plus they make and package their own Salsa on-site. Echo Lake Meats also specializes in wild game processing and smoking of game meat with their two large commercial smokers. Production Facility is DEX inspected for meat and poultry, state inspected for fish and dairy, and all production personnel has been HACCP trained to effectively administer the food safety standards.

Sale includes all Recipes and USDA HACCP & SSOP Plans.

Owner willing to carry a note in the approximate amount of $400,000, call for details.

Listing Details

Total Sales: $1,000,000

FFE: $632,991 (Included in Price)

Real Estate: $820,000 (Included in Price)

Reason For Sale:

Retiring

Training & Support:

As negotiated between buyer and seller.

Operation

Year Established: 1976/Remodeled in 2013

Year of Last Acquisition: 2001

Employees: 5 with 3 additional in the summer months.

Managers: Owners

Location

Type of Location: Stand Alone Building with Road Frontage

Square Footage: 4,620 square foot building with a 76,666 square foot lot

Facilities Information:

4,620 square foot building on a 76,666 square foot lot. The building was built in 1979 and remodeled in 2013. The property includes 3 walk-in coolers and 4 freezers and all the equipment for processing meats, fish products, gourmet spreads, gourmet deli, Alaska Sourdough Salsa, specialty smoked sausages, Alaska Smoked Salmon and fresh Alaska Seafood.

Summary

Historical Summary:

Established in 1976, remodeled in 2013.

Competition:

Echo Lake Meats is in a location with very little or no competition for their type of retail sales and processing.

Potential Growth:

Property has the ability to generate additional income from the rental unit and drive-through food service station.

Financing/Terms:

Owner willing to carry a note in the amount of $400,000. Call for details.