Food Co-Manufacturer for Natural Foods

Broomfield, CO

Seller Financing Available

listing image
Asking Price:$2,900,000
Rent:$39,000/Month
Established Year:2012
Inventory:$50,000
FF&E:$1,200,000
BUSINESS DESCRIPTION

12 yr old Co-Packer of Baked Goods & Snacks looking to fuel growth

The Company helps brands develop, launch, and manufacturer natural food products in the Bakery and Snack segments. Establish in 2012, the Company has a reputation in the industry as the preferred manufacturing partner for innovative new food products in the fastest growing segments of the industry - natural and organic.

Larger clients and contracts require continued investment in working capital for Materials AND growth capital for equipment, hence the current owners are looking for an investor or buyer capable of taking the company to the next level. The Company has opportunity to increase profitability by expanding its Materials resale operations and by adding more clients to a facility and team that has available capacity.

The Company has a flexible manufacturing facility and breadth of both equipment and know-how that gives it capabilities of servicing a wide range of products. There is flexibility to move the business and equipment into another facility. There is an excellent team in place. There are established systems and certifications that 12 years of experience have honed, and that provide the foundation to scale up.


DETAILED INFORMATION
Location
Broomfield, CO
Inventory
Included in asking price
Real Estate
Leased
Building SF
22,064
Lease Expiration
28/02/2025
Employees
23
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The Company has about $1.2M or more in food processing and packaging equipment suitable for the products it makes and clients it serves. The Facility had over $2M invested by the prior occupant and $600k since. Floor drains, ample flexible power, compressed air, and water throughout. 2 large freezers and 2 large coolers.
Competition
Covid knocked out smaller competitors that were undercutting on price because they could not compete on quality and solid execution, like our Company always did. Now, with less competition, the Company stands tall in the marketplace and has greater ability to command good margins and better contracts.
Growth & Expansion
The Company just signed a national distribution company to supply them with numerous baked goods. That contract has great promise for rapid and substantial growth. That relationship alone is forecasted to yield $3M in revenue annually. This contract current requires the Company to carry inventory for resale to the Client at a modest margin. So growth of this revenue source will require more working capital.
Financing
Flexible
Support & Training
CEO/Founder shall remain as involved as needed for as long as needed to transition new owners and/or leaders. Company has a capable and experienced Operations leader (future COO) in place to handle the business. Every single aspect of the company is well documented in formal Standard Operating Procedures,, above and beyond what has been required for SQF certification.
Reason for Selling
Founder looking to reduce workload and diversify investment portfolio. Also, loo
Report an Issue with this listing
Jeffrey Greenberg
Jeffrey Greenberg