Wholesale/Retail Popcorn Shop-Motivated Seller

Garden City, ID (Ada County)

Wholesale/Retail Popcorn Shop-Motivated Seller
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Asking Price: $69,900

Cash Flow: $9,940

Gross Revenue: $76,956

EBITDA: N/A

FF&E: $45,780

Inventory: $18,100

Established: 1983

Wholesale/Retail Popcorn Shop-Motivated Seller

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Business Description

Established Wholesale/Retail Popcorn Shop

Wholesale/Retail Popcorn Company: This business has been in operation for over 35 years selling popcorn seeds, oils, and supplies to area businesses. As the business grew over the years, they moved into their current location which includes a retail store to service their customers better.

SELLER IS MOTIVATED!

-They have walk-in customers and deliver to area retail customers which include; grocery stores, convenience stores, schools, bars, restaurants and more.
-You can buy popped products or also buy their seeds & oils to take home and prepare.
-There is candied popcorn as well as flavors such as; Blueberry, Grape, Cherry, Caramel, Toffee, Green Apple and Rainbow which is a mixture of all!
-Business supplies all BSU activities, catering and housing.
-40 % of their yearly business comes during the Christmas Holidays when their customer’s buy Popcorn Tins for their employees, friends & families.
-Owners want to retire so that is why they are selling and are committed to training a new buyer for a period of 6 weeks at no cost.

OWNERS WOULD CONCIDER FINANCING TO THE RIGHT QUALIFIED BUYER WITH THE RIGHT TERMS AND CONDITIONS.

PROSPECTIVE BUYERS MUST SIGN A CONFIDENTIALITY AGREEMENT, AS WELL AS PROVIDE PROOF OF FUNDING!

Attached Documents


Detailed Information

Location:
Garden City, ID
Inventory:
Included in asking price
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
-Good retail location in a flex space that is 1,300 sq. ft., which includes a retail sales area up front and a warehouse/production area in the back. They also rent 2 storages spaces for misc. supplies, tins, and special purchases.
Competition:
There is not a lot of competition in the area. A New Buyer with an aggressive Marketing Plan could market to more grocery stores, restaurants, bars & clubs. This would create the need to buy more equipment & hire more employees!
Growth & Expansion:
-This is a great family business with a lot of opportunities to grow sales with a WEBSITE that has automatic ordering abilities and promoting on Social Media sites which is not being done currently.
Support & Training:
-Owners will train new Buyers for a period of 6 weeks at no cost.
Reason for Selling:
-Owners want to retire!
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(from currently available funds)
 
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Gary Spiers

Business Listed By:
Gary Spiers

Coldwell Banker Tomlinson Group

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