Opportunity to buy a niche Cold Storage business based in New Jersey.
Overview of this business for sale
In tasks since 2016. The business operates from two facilities.
- The first one holds more than two thousand seven hundred pallets with Fraiser racking stacked vertically five pallets high. It holds another one thousand pallets in the aisles and three hundred in a refrigerated box for a total of over four thousand pallets.
- Another one sits close to ports and holds an additional 2500 pallets. There are more than 61,000 square feet of frozen and cold storage.
Clients base includes Fortune 500 companies, famous ice cream, seafood, meat, bread, pharma, ice pack manufacturers, and E-commerce meal delivery companies, and many more. The business for sale is run semi-absent.
The owner has been operating in this industry for more than forty years. He will provide training and consultation to the purchaser to keep the facility full with plans for expansion.
Due to the coronavirus pandemic, the cold storage business for sale has exploded with national companies desperately in need of frozen space. Clients are asking the owner to expand and add order fulfillment. There is also a large opportunity to offer trucking services.
Currently, the owner is willing to retire and looking for the right person to take this business to the next level. He will provide financing for the qualified buyer.
