Goodart's Candy Company LLC
Business Description
Established in 1939, Goodart's Candy Company LLC is a legendary 87-year-old candy manufacturing business located in Lubbock, Texas. This iconic company specializes in producing the famous Goodart's Peanut Patties, Texas-shaped peanut patties, traditional Peanut Brittle, and unique Green Chili Peanut Brittle.
FINANCIAL PERFORMANCE:
• Annual Revenue: $1,388,523
• Asking Price: $750,000
• FF&E Value: $350,000
• Inventory Value: $89,900
• Consistent upward sales trend over the past seven years
OPERATIONS:
• 15,000 square foot production facility
• Monthly lease: $4,329
• Seven dedicated employees supporting daily production
• Established manufacturing processes and recipes
• Strong operational foundation with experienced workforce
MARKET POSITION:
• 87 years of continuous operation has built exceptional brand recognition
• Loyal customer base developed over nearly nine decades
• Specialty Texas-themed products with regional appeal
• Consistent revenue growth demonstrates market strength
GROWTH OPPORTUNITIES:
Significant expansion potential through:
• E-commerce platform development
• Amazon marketplace integration
• Enhanced digital marketing strategies
• Geographic market expansion
• Product line diversification
The business benefits from its long-standing reputation, proven manufacturing capabilities, and untapped digital market potential. With established operations and a dedicated team, this presents an excellent opportunity for a buyer to acquire a profitable, heritage candy company with substantial growth runway.
OWNER SUPPORT:
30 days of comprehensive training and support included to ensure smooth transition.
Reason for Sale: Owner retirement after decades of successful operation.
This turnkey operation offers the perfect blend of established profitability and future growth potential in the specialty food manufacturing sector.
FINANCIAL PERFORMANCE:
• Annual Revenue: $1,388,523
• Asking Price: $750,000
• FF&E Value: $350,000
• Inventory Value: $89,900
• Consistent upward sales trend over the past seven years
OPERATIONS:
• 15,000 square foot production facility
• Monthly lease: $4,329
• Seven dedicated employees supporting daily production
• Established manufacturing processes and recipes
• Strong operational foundation with experienced workforce
MARKET POSITION:
• 87 years of continuous operation has built exceptional brand recognition
• Loyal customer base developed over nearly nine decades
• Specialty Texas-themed products with regional appeal
• Consistent revenue growth demonstrates market strength
GROWTH OPPORTUNITIES:
Significant expansion potential through:
• E-commerce platform development
• Amazon marketplace integration
• Enhanced digital marketing strategies
• Geographic market expansion
• Product line diversification
The business benefits from its long-standing reputation, proven manufacturing capabilities, and untapped digital market potential. With established operations and a dedicated team, this presents an excellent opportunity for a buyer to acquire a profitable, heritage candy company with substantial growth runway.
OWNER SUPPORT:
30 days of comprehensive training and support included to ensure smooth transition.
Reason for Sale: Owner retirement after decades of successful operation.
This turnkey operation offers the perfect blend of established profitability and future growth potential in the specialty food manufacturing sector.
About the Business
- Years in Operation
- 87
- Employees
- 7 Full-time
- Market Outlook / Competition
- Sales have been consistently trending upwards for the past seven years. 87 years of business has created a very strong and loyal customer base.
- Opportunities for Growth
- There is significant opportunity to grow revenue and profitability through expanding markets by utilizing avenues such as Amazon, e-commerce and increased marketing.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 15,000
- Rent
- $4,329.00 per month
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- 30 days of training and support is available.
Listing Info
- ID
- 2525796
- Listing Views
- 12
Listing ID: 2525796 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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