Distressed N Texas Candy Manufacturer

Addison, TX (Dallas County)

Distressed N Texas Candy Manufacturer

Asking Price:$175,000

Cash Flow:N/A

Gross Revenue:$200,000

EBITDA:N/A

FF&E:$80,000

Inventory:$10,000*

Established:2010

*not included in asking price.

Distressed N Texas Candy Manufacturer

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Business Description

Local N Dallas candy manufacturer has depleted their operating capital and lost some of its larger customers. As a result, the revenues have slumped from $266K in 2013 to just $150K in 2015. The owners believe their candy is superior to their competitors but they do not have the operating capital to continue marketing or distributing the product without investor intervention. Current assets include a dozen candy recipes, furniture, fixtures, and equipment of approximately $80,000. The two sellers are willing to continue working for the successful investor. Sellers are seeking an investor/buyer who has expertise in turnaround businesses and who have had prior experience in candy manufacturing.

Detailed Information

Inventory:
Not included in asking price
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Leased space of 2,800 square feet in N Dallas.
Support & Training:
Sellers are willing to say on board indefinitely and work for the buyer/investor.
Reason for Selling:
Lack of Operating Capital

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Douglas Batts

Business Listed By:
Douglas Batts

Murphy Business & Financial Services

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