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Business Sales
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Individual Business Listing
Snack Food Manufacturer
County: Northern California, CA
BusinessQuest ID: 23015
Contact: Ron Varner, (310) 200-5680
County: Northern California, CA
BusinessQuest ID: 23015
Contact: Ron Varner, (310) 200-5680
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Financial Summary
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General Information
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Price:
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$5,900,000 |
Financing:
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Yes | |
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Down Payment:
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Call/Ask |
Year Established:
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1983 | |
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Sales:
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$6,900,000 |
# Employees:
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43 | |
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Cash Flow:
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$1,185,000 |
Facility Size:
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25000 sq. ft. | |
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Inventory:
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$200,000 |
Training:
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4 weeks | |
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Inventory Included:
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Yes |
Reason for Sale:
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Other Interests | |
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FF&E:
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$300,000 | |||
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Monthly Lease:
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$18,000.00 | |||
| Business Summary Contact Business Broker for more information regarding this established Snack Food manufacturing business for sale located in Northern California. The company was founded in 1983 as a small family retail business and has grown to now be a specialty snack food manufacturer with worldwide customer base. The business produces products under its proprietary brand, for private label brands and as a contract manufacture; and has a large and diverse customer base that includes hotels, theme parks, movie theaters, major retailers, and online marketplaces. The company utilizes proprietary formulas, all-natural ingredients, and produces products in small batches to assure freshness and quality. The business operates from a newer 25,000 s.f. facility equipped with state-of-the-art equipment and sophisticated production planning, scheduling, and quality control process that assures quality and that delivery requirements are met or exceeded. The industry demand for the company’s products is being driven by changing consumer trends for healthy snacks. The US market for the company’s products is projected to grow at an annual growth rate of 5.56% for the next five years. The business was negatively impacted during the Pandemic which resulted in closure and restrictions on customers such as movie theaters, theme parks, hotels, etc. The business is now experiencing a strong post pandemic recovery with consistent and growing sales. Revenues are projected to increase by about 10% each year for the next five years. There is an opportunity for more significant growth in sales and profit through expanded sales and marketing activities and by adding products for the 150 plus active customers. The owner is selling to pursue other interest and will provide training for a smooth transition and willing to stay on as a consultant/employee beyond the initial training period. All of the assets to conduct business are included in the sale with the exception of cash and accounts receivables. Contact business broker to complete Non-Disclosure Agreement and receive more information regarding this Snack Food Manufacturer located in Northern California. Disclaimer BusinessQuest™ (“Broker”) has made no independent investigation or verification of any representation, warranty, document, or information presented by the seller herein. Prospective buyer is responsible for their own independent investigation with respect to such items and is advised by Broker to do so and to obtain the appropriate counsel from legal, accounting and other professionals concerning this business opportunity. BusinessQuest™ |
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