Specialty/Healthy Wholesale Foods Commercial Baker

Not Disclosed, NC

Asking Price: Annual Revenue:
$700,000 $11,449,662

Wholesale/Distribution: Durable Goods

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RE: Specialty/Healthy Wholesale Foods Commercial Baker Broker: Ron Buck
Owner Financing is Available!
$105,000k down/$70,000 over 120 mos. @ 6.25%/Other Financing.

Quick Facts

Asking Price: $700,000
Annual Revenue: $11,449,662
Net Profit: Not Disclosed
Cash Flow: $275,307
Total Debt: Not Disclosed
FF&E: $145,000
Real Estate: Not Disclosed
Year Established: 2010
Employees: 5
BBN Listing #: 97844955
Broker Reference #: 1308-15816

Email or Print Listing

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Business Overview:

Profitable and growing commercial bakery that specializes in wholesale specialty/healthy snack food. The Company manufactures private label brands for major grocery store chains and specialty brands and sells its own brand through distributors. The facility is a NC Department of Agriculture and Consumer Services inspected facility. Significant opportunity for growth by expanding the grocery store business across the other chains, other specialty brands, and co-packing opportunities. This turnkey operation comes with a full complement of equipment, customer relationships, and existing and knowledgeable staff.

The financials above are based on the Last Twelve Months through 4/30/22 and include a $36,000 annual rent charge. If the real estate is also purchased, the discretionary earnings (SDE) available to the buyer will be $311k based on the Last Twelve Months (4/30) SDE.

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Property Features and Assets:

Property is available for sale for $380,000 or for Lease at $36,000/year (payable monthly, 2% annual escalator) NNN. 5 year initial term with option to extend for 5 years. The Company is located in an established industrial park, and is comprised of approximately 8,870 square feet of commercial manufacturing/production/office/breakroom/warehouse space. Five roll up dock doors, walk-in cooler, and a large finished goods room that is currently used as ambient storage, however, is ready for potential freezer space if necessary. Assets= $245,000

Market Competition and Expansion:

The Snack Food industry is a $42.6 billion market. The Company is well positioned as the trends point to consumers continuing to demand healthy versions of existing snacks. The emergence of artisanal goods, which are made with a higher degree of craftsmanship and command higher prices, has boosted revenue. Overall, industry revenue has increased an annualized 1.7% to $46.9 billion over the five years to 2019. Furthermore, shifting food consumption trends have affected the strategies of snack food producers during the current period. Specifically, health concerns about eating foods high in sodium, fat and sugar have made consumers wary of buying traditional snacks. While this has limited industry revenue and profit expansion over the past five years, it has also developed a niche market in the industry. Producers have introduced new varieties of existing products, such as reduced-fat and reduced-sodium brand extensions and new gluten-free and organic products, leading industry revenue to rise 2.3% in 2019 alone. Demand for nuts and seeds has also grown over the past five years. Significant opportunity for growth by expanding the grocery store business across the other chains, other specialty brands, and co-packing opportunities. This could be achieved with a greater focus on website rankings, participation in the Private Label Manufacturer's Association, and co-packer partnerships.

Reason for Selling:

Focus on other family business.

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.

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