Business Summary

This growing processor has proprietary products and a profitable supply contract with a significant private-label food manufacturer. They make freezer jams sold at restaurants and local specialty markets and their fruit toppings are used at ice cream shops in the area. They also make specially formulated fruit mixtures used in store-brand salsas sold by a major supermarket chain. They recently received approval and will launch a new product that is expected to double sales starting in the Spring.

Ownership started the business in 2018 and invested heavily in the new facility and production equipment. They process frozen fruits and other ingredients with over $165,000 of equipment and a forklift accessible freezer and cooler. There is also leasable space in the office and on the shop floor that generates additional income.

This in an excellent opportunity for an entrepreneur looking to start a food-related business, or for one ready to expand current operations to the next level. Ownership is willing to provide all necessary training and to assist the transition of relationships within the industry. There are also extensive written work instructions and food safety plans.

Details:

2022 Revenue: $210,000
2023 Projection: $250,000

2022 SDE: $58,000
2023 Projection: $95,000

Employees: 2 part-time
Real Estate: 6,000 square feet on 2.0 acres – option to lease or buy

Investment Highlights:

• High quality production equipment in like-new condition
• Upcoming new product launch expected to double sales in 2024
• Ample freezer and cooler space
• New building with considerable expansion potential

Growth Opportunities:

• Fill capacity on the underutilized production equipment
• Develop additional proprietary products
• Initiate sales and marketing

Support & Training: Owner is willing to assist the transition
Reason for Selling: Pursue other interests