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Ground Floor Opportunity For A Thriving Market
Location: United States -> Massachusetts -> Boston
Industry: Agriculture > Farms




Business Summary

The Company grows to order for sale microgreens and specialty herbs for 57 customers that are a ''who's who'' of the local Boston restaurant market, and offers a more limited selection of pre-packaged products to consumers.

According to Allied Markets' report ''Microgreens Market by Type: Global Opportunity Analysis and Industry Forecast 2021-2028'', the microgreens market size was valued at $1,276,000 in 2019, and is estimated to reach $2,049,300 by 2028, registering a CAGR of 11.1% from 2021 to 2028.

This is an outstanding opportunity to get into a thriving business that grows the freshest possible produce in that is delivered to elite restaurant clients in Boston, Cambridge and Somerville, MA.

Company Overview

- LLC: began November, 2018
- 2021 Customer Count: 57 restaurants
- $235,677.39 in sales from 08/31/20-08/31/21
- $27,050.74 Cost of Goods Sold from 08/31/20-08/31/21
- $80,168.84 Net Operating Income from 08/31/20-08/31/21
- 2000 Sq. Ft. Production, Packaging and Distribution Facility
- Monthly lease of $2190: 6 Years
- Negotiable period of training/transition consulting at no cost
- 5 year non-compete
- 13,000+ annual visitors to the company website
- 688 Facebook Likes
- 14,000+ Instagram Likes
- 20% of business is client referrals
- 80% of business comes from website

NDA is required {LINK ABOVE} to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Detailed Information

Facilities: 2000 Sq. Ft. Production, Packaging and Distribution Facility & Monthly lease of $2190: 6 Years

Competition: CIM covers this. Niche business.

Growth & Expansion: CIM covers this. Significant upside.

Financing: TBD if structure and terms are acceptable.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $235,677
Cash Flow:   $80,168
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  2017
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.
Reason For Selling:  Other business interests.




Print Listing Id: 700370308
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Related Searches: Agriculture and Supplies  >  Farms  >  Other Agriculture  > 

Also See: Franchise Opportunities > Franchise Resales > Massachusetts Businesses For Sale > Massachusetts Franchises For Sale > Massachusetts Business Brokers



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