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Business For Sale

FOOD MANUFACTURER/DISTRIBUTOR

Attn: Elaine Nolan
Union City, CA, USA
Listing Number: "7309"
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Asking Price: Not Available
Business for Sale Industry: Food & Beverage: Producers, Bakery, Farms  
Reason for Selling: Retirement
Year Established: 1990
# of Employees: 12
Yearly Revenues: $1,288,850
Yearly Cash Flow: $377,322
Monthly Payroll: $35,337
 

Business for Sale Overview:

39% growth in 2008! Absentee owner – The company manufactures innovative bread and cake products used by bakeries world-wide. Products included custom, private label and off-the-shelf cake mixes, bread bases and dough conditioners. A new product line, “Low-Carb” flour and mixes meeting Zone and Atkins dietary guidelines has recently been added. Revenues $2.228MM adjusted cash flow $218,000 for 2007 and five months of 2008 are $1.288MM and $377,000 respectively. Owner plans to retire and is selling off all his business interests.


Property Features and Assets:

18,000 square feet modern facility located in Alameda County with a unique production and distribution system creating a lean manufacturing operation. Capacity of the facility is approximately 100,000 lbs. of food products per day and is operating currently at about 40%.


Market Competition and Expansion:

Sales are from repeat business and word of mouth referrals. The company has no sales or marketing department staff. The owner believes that the investment in a sales and marketing team would substantially increase revenue. The owner has also identified new products that, when developed, he believes, will add substantially to sales.


Additional Details:

  • The property is leased.
  • The owner may be willing to train/assist the new owner.
  • The owner is not willing to work for 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.

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