Well Established Food Manufacturing Wholesale and Retail Business
Buffalo, NY
| Asking Price: | $3,300,000 |
| FF&E: | $500,000 |
| Established Year: | 1929 |
| Gross Revenue: | $1,400,000 |
| Real Estate: | $2,200,000 |
Listing ID: 2166195Listing provided by BizBuySell
BUSINESS DESCRIPTION
Owner retiring. Will train new owner.
For Sale-Well established, 95 year old, light manufacturing, wholesale food business located in North Buffalo NY with 4 retail outlets.
Historic income producing, mixed use building with parking and small manufacturing facility totaling 19,000 sq ft included in sale.
Retiring owner will train new operator.
Great regional name recognition.
Excellent upside potential!!
DETAILED INFORMATION
Location
Buffalo, NY
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
19,000
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Two story, historic brick manufacturing building in excellent condition with all manufacturing equipment necessary to continue to conduct business along with a two story income producing mixed use building with classic retail soda fountain/store on the first floor and apartments and offices on the second floor all totaling 19,000 sq ft.
Off street parking.
Three additional leased retail outlets included.
Competition
Few competitors for boutique/specialized quality chocolate candy/lollipop manufacturers with retail in Western NY market with ability to easily increase internet presence and national sales.
Flagship classic, restored soda fountain business and store potential can be easily increased with minimal effort. Great location in the University of Buffalo district. Factory and income property are in excellent condition. Manufacturing can be increased with additional shifts and employees.
Growth & Expansion
Parkside Candies is well established local name with excellent reputation for quality products. Only lollipop manufacturer in local market with growth potential. Parkside is known for local favorite "sponge candy" and chocolates. Older manufacturing equipment is meticulously maintained on a daily basis.
Support & Training
Hands on training for 6 months in to educate in every aspect of manufacturing and retail business or for any mutually agreed upon reasonable time.
Reason for Selling
Owner retiring
Report an Issue with this listing
