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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