Niche Food Manufacturing & Distribution Company

www.GlobalBX.com

Listing ID: 700382048

Listing Title: Niche Food Manufacturing & Distribution Company

Quick Link: http://www.globalbx.com/listing.asp?bId=382048

Industry: Food and Beverage

Industry Segment: Food Production and Packaging

Country: United States

State / Province: California

Area

City:

Asking Price Range: $2.5M - $5.0M

Gross Revenues: $3,710,000

Cash Flow: $919,000

Cash Flow Type: Sellers Discretionary Cash

Year Established: 2020

Number of Employees: 1 - 3

Business Description:
An unprecedented opportunity to purchase a rapidly expanding company which was on the INC 5000 List in 2021, and is now available. With a considerable reputation for problem-solving, this innovative food manufacturer, with a Nationwide client-base, specializes in pre-packaged food for the Health Care industry. The current roster of over 1200 clients, is set for a significant growth spurt in 2023. The Company has forecasted 25% growth for next year. In addition to this increase, the Company is preparing to launch a very promising new line of tasty food products, that is easy prepare, boasting minimal waste, long shelf-life and delicious, nutritious content. The owner currently has minimal involvement in day-to-day operations which are performed by a well -trained staff. Production is undertaken by a third-party relationship, as is fulfilment. With the purchase of the Business comes, the current inventory, worth approx. $1mm. Normally this company maintains an inventory level closer to $300K-$400K. The increased inventory is on hand to support the growth demand for 2023. Additionally, in 2019, the company was awarded a $1mm tax credit by the State of California. Of which, only $150K has been utilized. The remaining balance of $850K, will transfer to the purchaser with the winning offer. With a ten-year history of ground-breaking product development and a solid track record of sales, this pioneering company is poised to take the next step into its very bright future.



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