Boutique Chocolate Manufacturer for Sale
| Asking Price: | $350,000 | Inventory: | |
| Gross Revenue: | $400,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: With proper manaement sales are projected to be significanly higher. | |||
This is an excellent opportunity for an existing candy manufacturer, or an entrepreneur in a related business to acquire an established product line with direct sales to highly desirable customers, including COSTCO and QVC. The present family owners have funded the development of this entity from personal resources and believe the company needs stronger financial backing and marketing to reach its potential. The firm manufactures a branded, premium chocolate candy, made with no artificial flavors or preservatives. Initially, the sellers’ developed the product in their kitchen for personal consumption. It was so widely appreciated by family and friends that the owners decided to market the product to commercial accounts. Here again, product sales exceeded their expectations and they were soon not able to keep up with demand. Presently, manufacturing is accomplished off-site by a sub-contractor and the product is shipped to Madison’s for quality packaging and distribution. Ownership believes that their recipe turns sugar, pecans and chocolate into a delicious candy that is just a touch softer, a bit more decadent than any other you have ever sampled. A selection of their finest accounts include: Ritz Carlton (Nationwide), W Hotel Chains, The Ocean Club and the Aruba Resort & Spa.
About the Business
Year Established:2003
Employees:4 full time -
Relocatable:Yes
Market Outlook and Competition:The product is presently marketed solely by the two owners, with sales constantly increasing. Ownership is convinced that sales are only limited by their personal lack of capital and that one of the owners has reached retirement age and is no longer interested in pursuing new sales. With a proper business organization they project that sales of over $4,000,000 are easily attainable. It is anticipated that by folding this company into an existing operation, potential benefits in excess of $1,800,000 are possible, based on a gross profit of 47%. The entity has become too large for ownership to manage and they have engaged us to market the business. One of the existing owners is willing to remain on-staff in a marketing/management position.
About the Sale
Management Training and Support:One of the existing owners is willing to remain on-staff in a marketing/management position.
Reason For Selling:One of the partners wishes to retire forcing sale of business.
Seller Financing:Available to qualified buyer.
KEYWORDS: Chocolate Manufacturer, Candy Distributor
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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