Friday, August 03, 2012

Uncle Charley's sausage business for sale

Uncle Charley's is for sale.  Uncle Charley lost his son in plane crash, tragic, and now is reluctantly running the business again (age 79).  His remaining kids dont want the business (stupid).  he says business expanded with his own profits, no debt.  Business has been good, steady sales.  Local distribution, but internet sales too.  good product.  made in Pittsburgh (Vandergrift) not china, has no sawdust in ingredients.  undercapitalized, can it expand, compete with national brands?  i think so with right financial backing.  unfortunately, a successful local company, with no debt, is a prime candidate for Bain Capital takeover:  sell the business to some national brand, move it to mexico, fire everyone, pocket the profits.

I am a vegan, but i would love to own this business. Lots of potential.  good food if you're into local sausage, food made by pittsburghers.  

We lose so many businesses here in pa:  The Clark bar - sold.  Rolling Rock beer - sold.  Iron City beer - sold.

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