Business Summary:
This is one of Maine’s largest wholesale specialty food manufacturers. It has an established track record of stability and growth based on its excellent product quality. It serves a steadily growing market niche. The business supplies an extensive variety of specialty products to a diversified wholesale customer base. Key staffers are in place to assist a new owner in the operation of this business. A prospective new owner can further expand this business through invigorated management and customer and new product development. For confidentiality reasons the type of products produced can only be disclosed after the broker receives the buyer’s agreement to confidentiality and registration as a potential buyer. The real estate is also available.
|
|
|
| |
|
| Year
Business was Established: 2003 |
| |
|
| Number of Employees:
8 FT, 4 PT |
|
| |
|
| Facilities / Terms of Lease:
The business occupies a 9,500 SF building well-suited for food manufacturing. Its central location facilitates obtaining and servicing accounts. The equipment is well maintained and the facility has room for expansion and increased production. The real estate is offered for sale as well as the business and is suitable for a 1031 exchange. |
|
| |
|
| Potential
Growth/Expansion:
The business has grown rapidly in recent years. It has a solid market niche and its location is ideal for continued growth. It is at the geographic center of its potential customer base. Industry studies indicate increasing demand for its type of products and there are ample opportunities for growth by increasing the company’s market share. |
|
| |
|
| Competition:
The business’ diversified customer base includes a wide array of food businesses of all sizes, from small shops and restaurants to large food distributors. The business is one of the largest of its direct competitors in the area. This company would benefit from strategic sales and marketing efforts aimed at customer development. |
|
| |
|
| Owner
willing to finance:
Anticipated Seller TBD. Bank $520 on R.E. Working Capital Needed $20,000 |
|
| |
|
| Owner
willing to train:
The seller will assist a new owner during the transition period and be available under a consulting fee arrangement for a longer time if desired. |
|
| |
|
| Reason for selling:
Other business interests. |
|
| |
|
Seller Reference Number: 20230
BusinessMart.com Listing Number: 49042 |
|
|
To request more information
on this business
please fill out the form shown right 
|
