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Branded Producer Of Gluten Free Baking Mixes
Location: United States -> Minnesota
Industry: Food and Beverage > Food Production and Packaging

Business Summary

Founded in 2006, the Company provides gluten free baking mixes for Retail, Foodservice and Wholesale customers. Its branded consumer packaged goods (CPG) are available at over 1,000 grocery locations and include recipe-ready flour, seasoned flour, and pizza crust mix. The Company has established a trusted brand for consumers who are conscientious about avoiding gluten in their diets. These consumers include individuals who have been diagnosed with celiac disease, have a wheat allergy, suffer from gluten intolerance, and choose to avoid gluten for other health reasons.

All products are made in a dedicated gluten-free and nut-free manufacturing facility that has been approved by the Gluten Free Certification Organization.

The Company has a balanced sales mix between the Retail and Foodservice channels and has strong, established relationships with retailers and distributors.

- Customers: Kroger, Hy-Vee, Fred Meyer, QFC, King Soopers and Coburns.
- Distributors: DPI, Lomar Distributing, KeHE, and Jake's Finer Foods.

- End markets: Colleges, Universities, Stadiums, and Corporate Catering.
- Distributors: Med-Diet, Sysco, US Foods, and Gordon's Foodservice.

Wholesale: Customers are small gluten free food manufacturers that purchase the mixes as an ingredient for other baked goods.

Investment Highlights:
- Flexible business model with outsourced manufacturing and low overhead
- Diversification across multiples channels, each with unique growth potential
- Differentiated product with superior attributes
- Established distribution network and customer relationships
- Continued consumer demand for gluten free products

Business Model:
The Company leverages an outsourced business model and has no employees other than the two owners. Production, sourcing, and logistics are managed through a co-packer relationship. Additionally, the Company takes no inventory risk and does not own any equipment. Brokers are utilized t


Asking Price Range:  $500K - $1.0M
Gross Revenues:   $600,000
Cash Flow:   $115,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Not Disclosed

About The Business

Year Established:  2006
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  Available through transition period
Reason For Selling:  New Professional Opportunity

Print Listing Id: 700274696
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