$6.0M - $8.0M sales annually, Specialty Powdered Drink & Baking Mixes
Business Description
Company blends and packages specialty powdered drink & baking mixes that are wholesaled to leading national retailers. Western WA based.
$6.0M - $8.0M sales annually; in business 40+ years; including 20+ year relationships with large retailers
Business has been breakeven for a couple years and run as a lifestyle business; needs new owners with energy and a talent for marketing
Ideal buyers have a background in wholesale packaged foods, marketing, or operations
Seller is open to win-win deal structures, seller financing, and/or earnouts
Current cash flows will not support an SBA 7a loan, however, SBA 504 financing possible if a buyer wants to make equipment investments
Proven model & experienced team – core leadership of 4 managers is tenured and solid, includes a GM, Production Mgr, Sales Mgr, and Shipping Mgr
Sales mix – products are sold via leading retailers across North America. Along with private labeling agreements, the company has licensing agreements with a wide mix of beloved brands. The licensing agreements, along with the nature of the product, ensure predictable demand.
Diversified customer acquisition - sales come from a mix of channels, including sales managers dedicated to mining current retailer relationships and cultivating new customers, a network of independent sales reps, trade show attendance, social media, inbound inquiries, and targeted retailer outreach.
Technology & Systems – owners made investment to migrate from legacy tools; new ERP system provides sophisticated insight into the business and can be accessed from anywhere. Process documentation and record keeping are modern, thorough, and accurate. New owner will benefit from system investments and documentation for years to come
Predictable, reasonable hours – owners work in the business a combined 40 hours / week. Like clockwork, peak period is the fall shipping season leading up to Christmas / holiday. Schedule is predictable / and low stress. The owners have a stable team that they rely on; this is an ideal opportunity for someone who wants to own & grow a business AND have a personal life
Reason for Sale - founded 40 years ago; current owners are ready to retire after running this as a lifestyle business
To receive a CIM with much more detail on the opportunity, complete an NDA
After your NDA has been reviewed more information will be released!
$6.0M - $8.0M sales annually; in business 40+ years; including 20+ year relationships with large retailers
Business has been breakeven for a couple years and run as a lifestyle business; needs new owners with energy and a talent for marketing
Ideal buyers have a background in wholesale packaged foods, marketing, or operations
Seller is open to win-win deal structures, seller financing, and/or earnouts
Current cash flows will not support an SBA 7a loan, however, SBA 504 financing possible if a buyer wants to make equipment investments
Proven model & experienced team – core leadership of 4 managers is tenured and solid, includes a GM, Production Mgr, Sales Mgr, and Shipping Mgr
Sales mix – products are sold via leading retailers across North America. Along with private labeling agreements, the company has licensing agreements with a wide mix of beloved brands. The licensing agreements, along with the nature of the product, ensure predictable demand.
Diversified customer acquisition - sales come from a mix of channels, including sales managers dedicated to mining current retailer relationships and cultivating new customers, a network of independent sales reps, trade show attendance, social media, inbound inquiries, and targeted retailer outreach.
Technology & Systems – owners made investment to migrate from legacy tools; new ERP system provides sophisticated insight into the business and can be accessed from anywhere. Process documentation and record keeping are modern, thorough, and accurate. New owner will benefit from system investments and documentation for years to come
Predictable, reasonable hours – owners work in the business a combined 40 hours / week. Like clockwork, peak period is the fall shipping season leading up to Christmas / holiday. Schedule is predictable / and low stress. The owners have a stable team that they rely on; this is an ideal opportunity for someone who wants to own & grow a business AND have a personal life
Reason for Sale - founded 40 years ago; current owners are ready to retire after running this as a lifestyle business
To receive a CIM with much more detail on the opportunity, complete an NDA
After your NDA has been reviewed more information will be released!
About the Business
- Years in Operation
- 46
- Employees
- 40 Full-time
Employees – 40 - 50; mix of office, production, & warehouse roles. Note there is - Facilities & Assets
- Facility / Real Estate – owners had facility designed and built 15+ years ago, includes ~38k sqft of production and warehouse space, ~9k sqft office and retail shop. They are open to either 1) entering a long-term lease or 2) selling the commercial property with the business. Rent of ~$49,172 / month is ~market rate
- Opportunities for Growth
- Growth Levers – number of obvious marketing, sales, and operations levers for new owners to execute on and continue growing the business; more detail provided in confidential marketing documents after you submit an NDA. Levers include additional licensing and retail partners, implementing virtual catalog, bulk sales, e-commerce / DTC, and others.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 38,000
About the Sale
- Seller Motivation
- They are ready to transition the business and see a new owner scale the business
- Transition Support
- Transition Period and/or Training - owners are amenable to providing the required training to a new owner to the extent that it is necessary based on their background; this can likely be achieved in 45 days. Beyond this initial transition period, should the buyer wish, owners are willing to be available as needed for advisory / consulting
- Financing Options
- Seller is open to win-win deal structures, seller financing, and/or earnouts
Listing Info
- ID
- 2546168
- Listing Views
- 13
Listing ID: 2546168 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. See our full Terms of Use. Learn how to avoid scams.
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