Gourmet Kettle Cooked Potato Chips
| Asking Price: | $450,000 | Inventory: | $90,000 ++ |
| Gross Revenue: | $400,000 (comments below) | Real Estate: | n/a ** |
| Cash Flow: | $50,000 (comments below) | FF&E: | $260,000 ++ |
| ++ included in the asking price ** not included in the asking price |
| Gross Revenue Comments: Revenue has increased every year since 2003 |
| Cash Flow Comments: Just added a line of popcorn which is adding to revenue |
This company is one of the few manufacturing plants in the State of Alaska. The company uses Matanuska Valley grown potatoes to make their delicious chips and distributes them to Alaskan grocery stores, the tourist industry and recently has started a line of popcorn that is adding to revenue. The company has increased revenue every year since inception in 2003 and is now profitable. The company is poised for growth and the State offers a 5% loan program for processing Alaska agriculture through the Division of Agriculture, Dept. of Natural Resouces, State of Alaska.
About the Business
Year Established:2003
Employees:1 full time - 3 part time
Relocatable:Yes
Facilities:Leased facility
Market Outlook and Competition:Not much local competition, but of course shelf space in grocery stores is very competitive and national brands of chips are tough competition. Alaska Chip is a gourmet chip with an Alaskan logo which has allowed it to make inroads into the stores and tourist industry.
About the Sale
Reason For Selling:Owners do not have all the skills and capital to take the business further.
Seller Financing:Seller is willing to finance as much as 25% of purchase price.
KEYWORDS: Food manufacturing, food processing, manufacturing
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