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Business For Sale
FOOD MANUFACTURER/DISTRIBUTOR
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Asking Price: |
Not Available |
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Business for Sale Industry: |
Food & Beverage: Producers, Bakery, Farms
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Reason for Selling:
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Retirement |
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Year Established:
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1990 |
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# of Employees:
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12 |
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Yearly Revenues:
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$1,288,850 |
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Yearly Cash Flow:
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$377,322 |
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Monthly Payroll:
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$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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