Food Product Compnay Brand Name For Sale

Business description

A Philadelphia “brand name”, a well established, 100 year old, food product company positioned for the future. This company’s baked products are available in Philadelphia’s upscale eateries and retail locations. For the last three years, the company has been growing both the top and bottom line at 20%, and is on pace to hit 25% growth in 2007. This is an established going concern with a long list of stable customers. This is a very low risk opportunity, and the current owner has agreed to stay on in some form for up to a year, to assure a smooth transition and a complete knowledge and relationship transfer. Several real growth opportunities exist. This is not your standard business opportunity; this is a branded company that a new owner could market and grow, cashing out at several times his investment in a few years.

Property information

Location:

The company is currently located on a busy street, and is within one block of a major highway. The property could easily be expanded to handle future growth.

Other information

Expansion potential:

Company growing at 20% plus a year, and has not capitalized on all five growth opportunities.

Competition / Market:

The market place is made up of two distinct groups of competitors: the large corporate players, and a population of small mom and pop operators with limited production. This company’s unique market niche is as the only middle market player.

Support & training:

The current owner has agreed to stay on full time for three months, and for an additional nine months after that on a mutually agreed schedule. The current owner is confident that a one year transition will be enough time for a seamless and complete transition, assuring a complete transfer of knowledge, along with giving a new owner enough time to build relationships with all the company’s key customers, employees and vendors.

Reasons for selling:

Death of a partner

Trading hours:

Monday to Saturday

Financing available:

SBA Pre-Approved

Furniture / Fixtures value:

$700,000

Inventory / Stock value:

$50,000

Contact the seller

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