Business Overview:
Candy Manufacturer Established Since 1939. Products Are Manufactured In Its 13,000 Square Foot Factory Include Creams, Truffles, And Chocolate Coated Anything On Its Automated Production Lines As Well As Hand-Made Specialty Items Such As Easter Bunnies, Turtles, And Various Seasonal Items. The Company Has Several Well-Established Brand Names Including One That Would Lend Itself To Becoming A National Brand As It Easily Would Be Recognized And Remembered.
Present Owners Purchased The Business In May, 2008 As A Turnaround. As Of September, 2009, The New Owners Have Been Successful In Developing Several New Accounts With Major Supermarket And Drugstore Chains, Wholesale Distributors And Costco. As Of September 9 The Shippable Backlog Is Over 300,000 With Much Higher Booking Numbers Anticipated In The Coming Months As The New National Accounts Increase Their Periodic Orders.
One Owner Is A 30-Year Veteran Of The Food Manufacturing Business, Having Been Western Region Sales Manager For One Of The Largest Candy Manufacturers In The World For 9 Years, Owner Of A Food Manufacturing Business For 12 Years And Sales Manager For Another Food Manufacturer For Many Years. He Is Interested In Continuing As Sales Manager On A Straight Commission Plus Expenses For A New Owner. He Expects A Signing Bonus To Be Negotiated. His Continued Employment Would Greatly Enhance The Buyer's Ability To Continue Growing With Existing Customers And To Develop New Accounts With National Supermarket, Drugstore, Retail And Wholesale Customers.
The Sellers Will Provide Complete Training And Will Stay For A Transition Period. The Buyer Is Expected To Assume Equipment Leases In The Amount Of Approximately $62,000 Paid $2,710 Per Month For 24 Months.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
13,000 square foot building - new lease available at $6,000 per month gross. Equipment includes two automated production lines and complete equipment for chocolate manufacturing and production of various other candies such are caramels, turtles, Easter Bunnies, etc.
Market Competition and Expansion:
Very large market which is up substantially in 2009 because stressed people go for comfort foods such as chocolate.
Reason for Selling:
health, age
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.