Well Known Snack manufacturer & Confectionery Company - $1 mill EBITDA
Asking Price: | $5,800,000 |
Inventory: | $350,000 |
FF&E: | $39,000 |
Gross Revenue: | $4,000,000 |
EBITDA: | $1,000,000 |
Established Year: | 2011 |
UPDATE: Seller is not responsive to offers that involve seller financing, earn-outs, hold-backs or equity roll overs. Buyers who are considering using lending/debt for this purchase must have at least $2.5 million liquid cash on hand to satisfy estimated down payment/working capital requirements.
Number 1 Business Broker is proud to offer for sale this debt-free company, with strong brand recognition, world-class manufacturing, and strategic supplier agreements in place. Perfectly poised for massive growth; leveraging its high-profit margins, lean structure, and a network of independent contractors and brokers, the company offers exceptional cash flow as well as extreme scalability and expansion opportunities.
This is a highly distributed co-manufacturer that makes all product based on their exact specifications. This is a full sale of the entire company, all brands, trademarks, formulations and all specs.
The company was built by a seasoned owner with extensive industry experience, who has strategically positioned the company for growth and efficiency consistently generates $4 - $5 million in annual revenue with a 25% net profit margin. The company specializes in two primary product lines, leveraging its strong brand reputation and quality offerings and excelling in co-packing operations at some of the finest operations on Earth.
Primary reason for selling: The owner and his wife have been pulled in a non-profit direction over the last few years and are now at a point where they would very much like to put this company into the hands of new ownership so they can be free to full-time pursue charitable callings that they feel very strongly about.
This is a very strong company and not a 'fire sale' in any way. The seller is NOT OPEN TO EARN-OUTS, HOLD BACKS OR OTHER CONTINGENT OFFER TERMS.
Seller financing will only be considered at a very small level as long as a buyer can put mostly all cash down at closing with ability to show proof of liquid funds up front.
This brand receives consistent distribution interest from global companies which has led to already establishing presence in major retail chains like Walgreens and many other huge retailers. Substantial growth potential both domestically and internationally. In-roads at Walmart already established but current owner has decided not to enter that retailer for personal reasons.
New ownership is expected to see very fast expansion by putting the proper efforts into diversifying product lines, leverage existing distribution channels, exploring new international markets, enhancing marketing efforts, and scaling up its independent contractor and broker network.
Detailed financial projections are available upon request, illustrating the potential for increased profitability and market expansion. The well known chewing gum brand does about 19% of total revenue while the snack portion of the business accounts for 80%.
FILL OUT THE "CONTACT FORM" ON THIS LISTING TODAY TO RECEIVE THE NDA, CIM, ALL FINANCIALS AND OTHER DETAILS.
Qualified and experienced buyers with liquid capital currently available only please.