Innovative Food Business with Franchise Potential *UNDER CONTRACT*

Sacramento, CA (Sacramento County)

Innovative Food Business with Franchise Potential *UNDER CONTRACT*
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Asking Price: $997,000

Cash Flow: $321,875

Gross Revenue: $1,877,161

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2015

Innovative Food Business with Franchise Potential *UNDER CONTRACT*

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Business Description

*CURRENTLY UNDER CONTRACT*
• Strong, innovative food preparation business
• Unique product: fresh, healthy meals - store front or home delivery
• Extremely loyal customer base
• Very profitable
• Tremendous opportunity to grow through franchising or additional locations

Whether it is breakfast, lunch or dinner that the customer is hungry for, this business provides the solution. Wholesome meals are delivered right to the customer’s home.

They pride themselves on always offering the freshest and healthiest ingredients. Their menu is 100% fresh and never frozen and features locally grown ingredients which are organic when available and they use all-natural meats. They use zero GMO, zero processed ingredients, and no added preservatives while cooking.

The meal containers are recyclable, reusable, BPA-free, microwavable, and freezer safe. And while they can be reused, the containers can also be placed in the recycling bin.

Detailed Information

Location:
Sacramento, CA
Facilities:
The main location contains a fully outfitted commercial kitchen. As currently equipped, the kitchen is capable of preparing approximately 2,500 meals per day. They also have two store fronts.
Competition:
This is the first franchise of its kind to offer both delivery and retail storefronts. There are no other health food prepared franchises like it!
Growth & Expansion:
During the past three years, the revenues were relatively consistent and averaged approximately $1.9 million. In 2019, they expanded their delivery range from the Sacramento area to the Western U.S. The expectation is this will expand revenues and that increased distribution costs will be offset by greater economies of scale.
Support & Training:
The sellers are motivated to sell the company to a buyer who sees the growth and profit potential. The sellers are willing to remain with the company after the sale for a negotiable amount of time to assist with the continued development of the business and to make the transition as seamless as possible.
Reason for Selling:
The primary owner is looking to sell the business to pursue other interests.
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Steve Burnett

Business Listed By:
Steve Burnett

Centurion 7 Business Advisors

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Sponsoring Broker:
Rhett Kniep CBI, CBB, M&AMI

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