Listing ID: 74986
Ready for a lifestyle change? This Specialty Food Business may be perfect for you!
This business manufacturers and sells high quality, great tasting ready to eat meals and bottled products to their on-line customers and farmers market regulars. The brand is recognizable across Arizona. The owner has implemented systems and procedures to handle the weekly demands of producing delicious handmade products with no additives, no artificial ingredients and no preservatives.
This turn-key business Includes vehicle and trailer!
Note: This profitable business currently operates out of a shared kitchen space and utilizes storage and office space of the owners home office. Ideal if purchased as a stand alone business or as an addition to another Farmers Market Business.
Note: The inventory ranges from 4,500 to 7,000, depending on the day of the week and time of year. $4,500 of inventory is included in the transaction along with the furniture fixtures and equipment and customized trailer. Call now for more details.
- Asking Price: $99,500
- Cash Flow: $53,000
- Gross Revenue: $211,428
- EBITDA: N/A
- FF&E: $7,075
- Inventory: $4,500
- Inventory Included: Yes
- Established: 2018
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:1,500
- Lot Size:N/A
- Total Number of Employees:1
- Furniture, Fixtures and Equipment:N/A
This profitable business currently operates out of a shared kitchen space and utilizes storage and office space of the owners home office. Ideal if purchased as a stand alone business or as an addition to another Farmers Market Business. The current lease is month to month, therefore should a purchaser need to move or expand they have the flexibility to do so.
Seller will provide training & support to new owner, the length of which is negotiable and dependent on the skills and experience of purchaser.
The scalability of this business should be discussed with the seller. As a manufacturer of food products and bottled products the new owner may choose to expand into many different distribution channels.
The company was founded in 2018, making the business 4 years old.
The sale will include inventory valued at $4,500, which is included in the asking price.
The company has 1 employees and is located in a building with disclosed square footage of 1,500 sq ft.
The real estate is leased by the business for $1,200 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons individuals choose to sell businesses. Nonetheless, the real factor and the one they tell you might be 2 completely different things. As an example, they might claim "I have too many various commitments" or "I am retiring". For lots of sellers, these reasons stand. But, for some, these might just be reasons to attempt to hide the reality of changing demographics, increased competition, recent decrease in incomes, or an array of various other factors. This is why it is really vital that you not count entirely on a vendor's word, however rather, make use of the vendor's response along with your total due diligence. This will paint a more realistic image of the business's existing circumstance.
Existing Debts and Future Obligations
If the current entity is in debt, which many companies are, then you will certainly need to consider this when valuating/preparing your deal. Lots of businesses take out loans in order to cover items such as inventory, payroll, accounts payable, etc. Keep in mind that in some cases this can imply that earnings margins are too small. Lots of businesses fall under a revolving door of taking on debt as a way to pay back other loans. Along with debts, there may also be future commitments to consider. There may be an outstanding lease on equipment or the building where the business resides. The business may have existing agreements with suppliers that must be met or may result in charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
Just how do businesses in the area draw in brand-new consumers? Many times, operating businesses have repeat customers, which form the core of their daily revenues. Particular aspects such as new competitors sprouting up around the area, roadway construction, and staff turnover can affect repeat consumers as well as negatively influence future profits. One crucial thing to take into consideration is the placement of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Clearly, the more people that see the business regularly, the greater the opportunity to build a returning consumer base. A last thought is the basic area demographics. Is the business placed in a largely inhabited city, or is it located on the outskirts of town? How might the local typical family income influence future income prospects?