Caribbean Ice Cream Manufacturer & Distributor
Location:
United States
Industry: Food and Beverage > Food Production and Packaging
Business Summary
European ice cream company located on Caribeban island paradise is avaialble for US$1million (two owners reduced summer'07 asking price from US$2million for retirement and health reasons).
The company is fully operational, established in marketplace and sells through retail outlets (shopping malls and franchises), restaurants, hotels and the largest two supermarket chains. Significant growth potential still! There are 24 employees, a fleet of vehicles and portable ice cream carts for private parties, store or bank grand openings etc.
BENEFITS OF OWNERSHIP :
(1) government financing and generous country subsidies.
(2) company ready to go public on Caribbean stock exchange in 3 years.
(3) favorable environment - low taxes, low labor wages, low utility bills.
(4) government vendor supply contracts available (schools, hospitals, prisons, government facilities).
(5) organization in place to export to rest of Caribbean and Latin America.
(6) successful local general manager/sales rep. will stay on (European trained CEO).
(7) city center factory and office building (currently leased from owners) available for sale (great profit potential in growing real estate market).
(8) Caribbean island dual-citizenship available for new owner & his/her family.
(9) generous and flexible bank credit-line in place.
(10) owners willing to provide 50% financing to the right buyer.
Email or call The Private Bank Group at +41 22 819 9485 for more information on this Ice Cream Manufacturing & Distribution business for sale.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$500,000
Cash Flow:
$200,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: Unsure of this amount at present time.
Seller Financing: Yes
About The Business
Year Established: 2003
Number of Employees: 20 - 34
Relocatable: Yes
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Yes, available by the two owners and general manager / sales head.
Reason For Selling: Retirement and medical reasons.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Food Production and Packaging business for sale.
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Print Listing Id: 70074203
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