Food product manufacture & wholesale - relocatable
Location: South Carolina > Beaufort County > Hilton Head Island
Industry: Manufacturing > Other Manufacturing
Financials
Asking Price: $360,000
Gross Revenue: $330,000
Cash Flow: $92,750
Inventory: $15,000 (Not Included in Asking Price)
FF&E: $10,000 (Included in Asking Price)
Seller Financing: negotiable
Business Summary
Rare opportunity to acquire an established manufacturer of premium food marinades & spice rubs. Sales are made to approximately 700 stores in the South East USA and revenues have grown from $80,000 in 1996 to $330,000 in 2007. Whilst 2008 revenue will be down in line with the overall economy, long term growth is strong with additional opportunity to add products, expand to other states, grocery chains $ speciality food/gift stores, and to develop online sales. The business is located in the attractive, upscale & rapidly growing Hilton Head, SC area, but can be relocated for an owners convenience or to achieve synergy benefits.
About the Business
Year Established: 1990
Employees: 2 full time - 1 part time
Relocatable: Yes
Facilities: 1500 sq ft leased warehouse/office in attractive commercial center, fully equipped for mixing, bottling, labeling & shipping.
About the Sale
Management Training and Support: 30 days, Seller would consult for extended period if required.
Reason For Selling: retirement
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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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