Nationally Recognized Tea Brand
Asking Price: | $3,400,000 |
Gross Revenue: | $3,107,000 |
EBITDA: | $129,000 |
Cash Flow: | $129,000 |
Inventory: | $598,317 |
Established Year: | 2007 |
Embracing Excellent Marketing Strategies and a Strong Customer Base!
This iconic, nationally recognized wholesale beverage company was established in 2007 and currently produces and distributes two tea products; since opening, it has done over $60 million in revenue. The brand has carved out a significant niche in the health and wellness market and consumers around the country use this product throughout the day, served hot or cold as very popular ingredients in consumed goods.
The brand has a very enthusiastic base of loyal followers and daily users. It operates with a commitment to sustainability and ethical sourcing which resonates with its customers. It's on-line presence continues to grow with over 150,000 Total Fans. The demographics of its consumer base is strong and desirable. The brand is found in some of the biggest retailing names in the U.S. including Whole Foods, Costco, Sprouts, Natural Grocers, and thousands of cafes and restaurants. The products are also available on-line through its' own website and Amazon.
The company is, once again, profitable and annual sales have exceeded $3 million annually since 2021. In prior years, the business expanded rapidly: it rolled out a large number of products, increased it's in-house self-manufacturing capability, and brought in an external CEO / team. It has since significantly streamlined its product offering, the founder has returned as the CEO, and all production has been outsourced to a third party provider.
There is a significant opportunity for the right buyer to take this business to the next level. Expanding distribution through more brick and mortar locations of the big retailers and the Amazon channel could drive sales significantly higher. While the company rationalized its varied product lines, the infrastructure and capability exists to re-launch certain products as well as launch an already developed innovation pipeline of beverages to significantly increase revenue.