Gourmet Artisan Food Snack Manufacturer & Wholesaler
Location California,United States
Asking Price Range $250K - $500K
Gross Revenues $1235720
Net Profit / Cash Flow $101636
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2011
Number of Employees 20 - 34
Inventory 76000
Relocatable Yes
Number of Employees 20 - 34
Real Estate Leased
Training The seller is committed to remain available to help with reasonable transition needs of the buyer including the training of the new operator. The seller is also amenble to staying on as needed.
Reason for Sale There are two owners, one would like to sell, the other would like to continue to play a role.
Description Presented is a unique opportunity to purchase this well-known branded artisan food manufacturing company. The company specifically focused on variations of one specific niche product. The company has over 40% market share in the growing food services sector and approximately 10% market share in the growing retail sector. The demand for this niche product has been well established in recent years and is posed for continual growth.
This opportunity will appeal to a strategic buyer, a private equity buyer, as well as possibly a financial buyer. This is a great opportunity for a strategic buyer to diversify their product offerings, or a private equity company to add to an existing consumer branded portfolio. The owners believe that to significantly grow the business a greater resource commitment to marketing and sales in needed.
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