Great opportunity to own and operate a profitable Wholesale Specialty Food Business located on the Seacoast of New Hampshire. The company has been around for over 20 years selling direct to restaurants and private labeling. The company has an award winning product line that is made with all natural ingredients. It is a turnkey business with all the recipes in place and a desirable product category that could be sold in a number of channels.
Business Price: $522,000
Furniture, Fixtures, & Equipment (FF&E): $215,000 (Included)
Sellers Discretionary Income: $244,000
Real Estate: Lease
Facilities: The business is located in approximately 9000 square feet, large enough for current operations and plenty of room for expansion. It’s close to major highways and has ample parking.
Competition: There are competitors in the market but not many with similar quality.
Growth & Expansion: Company has strong customer relationships and significant repeat business. Many opportunities for growth such as: Increase marketing and sales efforts; hire a sales team or food broker to help increase sales; utilize excess space in the kitchen to produce additional lines or other food items; increase menu to include gluten and dairy free offerings; grow private label/co-packing business; and introduce direct sales on website.
Support & Training: Seller is willing to assist in support and training.
Reason for Selling: Semi-Retirement