Description
Unique opportunity to purchase a long-standing and highly successful branded specialty food manufacturer. The business has been providing all natural products to small and large retailers in Maine and New Hampshire for over 25 years. The Seller has no inside or outside salesforce or distributors nor has spent much on marketing. The products are outstanding with many current customers staying with them well over 20 years. This business is poised for the right buyer to take it National and introduce it to major retailers as a private label and/or branded product.
Detailed Information:
Business Price: $1,250,000
Revenues: $2,600,000
Inventory: $70,000 to $110,000 Est. (in addition to Business Price)
Furniture, Fixtures, & Equipment (FF&E): $210,000 Est. (Included)
Sellers Discretionary Income: $536,000
Real Estate: $450,000 (Offered in addition to Business Price)
Facilities: The business has two manufacturing facilities along with a retail component. One of the properties is for sale and the other for lease. Both have plenty of onsite paved parking and are close to major highways.
Competition: There are a lots of competitors in this space but not many with such high quality levels and use all natural ingredients.
Growth & Expansion: Company has strong customer relationships and significant repeat business. Many opportunities for growth detailed on the confidential package.
Support & Training: Seller is willing to assist in support and training.
Reason for Selling: Retirement
Real Estate offered through our Broker, Bean Group, 1-800-450-7784.
Location
To apply for this job email your details to Bill@FirstStreetBB.com