Summary
- Asking price:
-
$1m-5m
- Sales revenue:
- $1m < 5m
- Net profit:
- $250k < 500k
- Years established:
- 2002
- Employees:
- 37
Business description
The company is specialized in fruit processing. Its main products are: fruit concentrates, industrial jam and fruit pastes. The company is HACCP and ISO 9001:2000 certified.
The buildings are constructed and equipped in 2002. All machines, equipment and production facilities are in very good condition and no further investments will be needed.
The plant production is of good quality and intended in its bigger part for export in West Europe.
Property information
- Real Estate:
- Real Property Included
Other information
- Expansion potential:
- STRENGTHS
1.At present the company is owned and managed by one of the leaders in this business in Europe
2.The company is one of the largest and leading fruit processors in this business in Bulgaria; currently it produces between 3000 and 4000 t/year. Its maximum capacity is around 30 tons per day.
3. The factory is HACCP and ISO 9001:2000 certified;
4. All machines and equipment are in good condition and no additional investments will be needed for production;
5. The investor will acquire a well established and developed business – good contacts with fruit producers, clients, employees, etc.
6. Strategic location of the factory – with easy access to raw materials and located close to the main traffic corridor in Bulgaria – Highway “Thrakia”;
7. The company has succeeded to recruit and keep experienced personnel.
8. The bigger part of the production is exported;
- Competition / Market:
- 1. The current major client has expressed its interest in entering into a contract with the future acquirer of the company to purchase around 1500 tons per year of the production, in order to meet its internal needs. The sales due to this contract could cover all yearly expenses of the company and provide profit (at current sales prices) of at around EUR 100 000.
2. Net profit between 10 – 15%;
3. The current owner is willing to negotiate flexible payment options for acquiring the factory
4. It is also possible to install a packaging line and to produce a final product – jams, comfitures, etc. Bulgaria is famous for the quality of such products and they are being exported in many European countries.
- Related documents:
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