Profitable Food Manufacturer with Room to Grow!

Charleston, SC (Charleston County)

Profitable Food Manufacturer with Room to Grow!
Contact Seller

Asking Price: $795,000

Cash Flow: N/A

Gross Revenue: $1,113,565

EBITDA: $244,077

FF&E: N/A

Inventory: N/A

Established: 2010

Profitable Food Manufacturer with Room to Grow!

Save Print Share Valuation Report

Business Description

This business is a specialty food manufacturer/distributor focusing on items related to the historic food culture of the Lowcountry.

Current owners purchased the business in February 2014 and have steadily grown sales through new product development and expanding the distribution network. Three year average sales growth is 25%. Making this even more impressive is the fact that there have been no price increases in the past 5+ years.

The business has approval to expand into many more stores within the grocery chains currently serviced but, having purchased a new (noncompeting) business in early 2018 the sellers desire to put their time and energy in that direction rather than further growing the subject business.

With the level of tourism in the Charleston area and the amount of national press coverage of the local food culture, national brand expansion is a reasonable target for an acquiring company.

Detailed Information

Location:
Charleston, SC
Inventory:
Included in asking price
Employees:
11
Facilities:
Business operates out of a FDA approved facility. Current lease expires in 2020 with two 5 year options remaining.
Competition:
Seller has developed several well received and unique products as well as attractive branding evidenced by the sales growth.
Growth & Expansion:
Business is poised for growth throughout the southeast with approval for expansion into a large number of grocery stores.
Support & Training:
Seller will provide the necessary training and support to facilitate a smooth transition
Reason for Selling:
To focus on a noncompeting business they own.
Contact Seller

Contact the Seller

Contact Seller Loading

Scott Hopper

Business Listed By:
Scott Hopper

Charleston Business Brokers

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1629379 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Cheba Hut - Toasted Subs

Franchise Opportunity In SC
Capital Required: $395,000