Kukuruza Popcorn Gourmet Snack Business

Bellevue, WA (King County)

Kukuruza Popcorn Gourmet Snack Business
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Asking Price: Get Financing: $350,000

Cash Flow: N/A

Gross Revenue: $1,294,358

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Lease Rate: N/A /SF

Established: 2009

Kukuruza Popcorn Gourmet Snack Business

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Business Description

This Gourmet Snack business has established a reputation as one of the world’s best artisan snack. The company was founded on January 1, 2009 as a family business by a newly married couple that had just graduated from college. Financial backing was provided by the bride’s father. The first eleven months was spent perfecting recipes and the first store was opened in Bellevue Square shopping mall that December. In 2011 the owner of a competitor agreed to sell their business, which included a store downtown on Pike street.
By 2015 the business had established a unique market position as having developed over 100 unique flavors using all-natural ingredients. The company had grown to four stores in the Seattle metro area and was doing almost $2 million in annual revenue. International demand had also emerged and franchises were developed in Japan, Saudi Arabia and Egypt. Japan is by far the most successful, having developed seven stores and sales approaching $10 million U.S. dollars annually. This peeked that year, with profits exceeding $100,000.00. Corporate sales had grown organically from inbound requests to $200,000 in annual revenue with customers names like Microsoft, Amazon, Hyatt Regency and many more. The company was experiencing solid growth in web sales as well.

Detailed Information

Real Estate:
Leased
Building SF:
1
Lease Expiration:
N/A
Employees:
1ft 6pt
Competition:
Market leader expanding internationally.
Support & Training:
2 Weeks
Reason for Selling:
Partner Dissolution
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Randi Edwards, CBB, CBIS

Business Listed By:
KR Business Brokers

KR Business Brokers

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