NOT DISCLOSED, Pennsylvania
| Asking Price |
$1,100,000 |
Year Established |
1998 |
|
| Annual Revenue |
$940,000 |
Reason for Selling |
Changing careers |
|
| Annual P/L |
$0 |
Attention |
Matthew McInerney |
|
| Annual Cash Flow |
$220,000 |
Listing Number |
1004104 |
|
| # of Employees |
4 |
Business Category |
Retail: Pet Stores & Services |
|
Business Overview:
PROJECT LINCOLN is a dog treat bakery located in Eastern Pennsylvania. PROJECT LINCOLN was founded in 1998 by identifying consumer trends towards pet humanization targeting consumers willing to pay a premium for all-natural, human-grade dog treats.
Property Features and Assets:
<p>Approximately 10,000 square foot facility. Approximately 4,000 square feet dedicated to production. Production area includes sheeter, mixer, work tables, and a row of ovens. Ovens include four dual convection gas ovens and three rotating rack ovens.<br></p><p>Current lease runs through September 2030.</p>
Market Competition and Expansion:
<p>Business operates in an $80b+ market growing at 10% annually since COVID. Business has uniquely-shaped and aesthetically-pleasing dog treats that differentiate the company from the standard offerings in the premium dog treat market.<br>Business was started in 1998 and has developed recurring customer relationships over decades.<br>Additionally, 70% of the business's revenue is generated through an end-market in which the company has long-standing relationships with 15 of the Top 20 and 19 of the Top 30 domestic players east of the Rockies.<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity