Unique opportunity to purchase a long-standing and highly successful private label specialty food business. This third generation business has been providing all natural private label products to small and a few large retailers all over New England. The Sellers have never had an inside or outside salesforce or distributors nor spent much on marketing. The products are outstanding with current customers staying with them for years. This Business is poised for the right buyer to take it National and introduce it to major retailers as a private label or branded product.
Business Price: $1,200,000
Furniture, Fixtures, & Equipment (FF&E): $110,000 (Included)
Sellers Discretionary Income: $316,000
Real Estate: $850,000 (Offered in addition to Business Price)
Facilities: The business is located on .68 +/- acres spread out over several buildings that total about 7600 SF. There is plenty of onsite paved parking and the location is close to major highways. The Owner is willing to sell the property with the business.
Competition: There are a lots of competitors in this space but not many with such high quality levels, all natural ingredients and able to offer over 100 different variations/flavors. In addition, very few competitors are able to offer such a marketable story – i.e. made by hand, all natural, family owned for three generations.
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 and/or distributor/food broker to help increase sales; utilize excess space in the kitchen to produce additional lines or other food items; grow existing brand in addition to private label; and introduce direct sales on website.
Support & Training: Seller is willing to assist in support and training.
Reason for Selling: Divestiture