Manufacturer of delicious authentic Asian sauces

Not Disclosed, NY

Asking Price: Annual Revenue:
$300,000 Not Disclosed

Food & Beverage: Production - Bakery, Farms, Winery

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RE: Manufacturer of delicious authentic Asian sauces Broker: Scott McElhearn

Quick Facts

Asking Price: $300,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $30,000
Real Estate: United States
Year Established: 1990
Employees: Not Disclosed
BBN Listing #: 954140071
Broker Reference #: 3459

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Business Overview:

~Some of the product formulas were developed in the 1940’s.
~Unique old world recipes have won numerous awards including first place in the Fiery Food Competition in New Mexico.
~Facility is inspected periodically by the Department of Agriculture and Markets.
~All product formulas are approved by the Department of Agriculture Experiment Station through Cornell University.
~This business has the potential to be grown into a global business with worldwide distribution.
~The business has an HACCP plan for production.
~One of the sauces was utilized by Chili’s Bar & Grill, a nationwide restaurant chain, in a dish which they kept on their menu for nine years.
~Wegmans Markets has used three of their essential Asian cooking products in their culinary innovation center over an eight-year period.
~They have participated in the Trade Mission in Toronto and the Buyers Mission in Chicago, both sponsored by the Department of Agriculture.

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Property Features and Assets:

3,250 square feet facility. This business is easily relocatable.

Market Competition and Expansion:

Competition: There are a few major Asian sauce manufacturers which compete with this business. Growth & Expansion: The new owner should aggressively contact potential customers including grocery store and restaurant chains, wholesale clubs, food distributors, etc. This has not been done during the past several years.

Reason for Selling:

Personal family issues force the owner to sell.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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