Established in 1939, Goodart's Candy Company LLC is a legendary 87-year-old candy manufacturing business located in Lubbock, Texas. This iconic company specializes in producing the famous Goodart's Peanut Patties, Texas-shaped peanut patties, traditional Peanut Brittle, and unique Green Chili Peanut Brittle.
FINANCIAL PERFORMANCE:
• Annual Revenue: $720,000
• Asking Price: $750,000
• FF&E Value: $350,000
• Inventory Value: $89,900
OPERATIONS:
• 15,000 square foot production facility
• Monthly lease: $4,329
• Seven dedicated employees supporting daily production
• Established manufacturing processes and recipes
• Strong operational foundation with experienced workforce
MARKET POSITION:
• 87 years of continuous operation has built exceptional brand recognition
• Loyal customer base developed over nearly nine decades
• Specialty Texas-themed products with regional appeal
GROWTH OPPORTUNITIES:
Significant expansion potential through:
• E-commerce platform development
• Amazon marketplace integration
• Enhanced digital marketing strategies
• Geographic market expansion
• Product line diversification
The business benefits from its long-standing reputation, proven manufacturing capabilities, and untapped digital market potential. With established operations and a dedicated team, this presents an excellent opportunity for a buyer to acquire a profitable, heritage candy company with substantial growth runway.
OWNER SUPPORT:
30 days of comprehensive training and support included to ensure smooth transition.
Reason for Sale: Owner retirement after decades of successful operation.
This turnkey operation offers the perfect blend of established profitability and future growth potential in the specialty food manufacturing sector.
Ad#:2525796
