Location
Contact Person
John Irvine
Phone
925-945-8175
Annual Revenue
N/A
Price
$ 500,000
Cashflow
N/A
Category
Manufacturing
Year Established
N/A
Employees
1
This Company has been manufactured a vegan snack food made without animal products from a California culinary rental kitchen (commissary) since 1997. With an overall increase in sales the Company is committed to producing a quality product that is preservative free, fat-free and high in protein has no preservatives and no cholesterol. Its main ingredients include wheat gluten and defatted soy flour. A one ounce package has 80 calories. Current production capacity is limited by lack of available cash injection. This Company is looking to expand production capacity and lower production cost. In the past some larger wholesalers & distributors have approached the Company but due to limited availability large quantity orders cannot currently be handled. Although demand exists, increasing distributing has always been limited by the ability to increase production. This product has proven popular with college students, backpackers and people in the Military – being light weight and shelf stable it makes a good fit. About 50% of sales are from direct internet retail sales and the other 50% is from wholesale, bulk orders from stores, distributors and through other web sites including Amazon.com. The Company now is about at the breakeven level and needs someone who can provide additional funding with distributing skills to take this to the next level. The seller is looking for inquiries from an individual or a company who is familiar with food manufacturing, production and distribution to add this product to their existing line of snack, vegan or health food products or to continue to market this as a standalone item, increasing production and sales. No multiplies have been used in trying to determine a fair market asking price as first quarter sales are only around $10,000. All serious offers or ideas that are submitted will be considered. The seller has invested many years to bring this home receipt to being produced in a commercial kitchen – taking it successfully to the marketplace with distributors (and others) including Amazon.com. For further information about this business opportunity completed non-disclosure agreements must be on file, available thru this web site or by writing JohnLIrvine@cs.com before calling please.
DISCLAIMER: The information has been supplied to the Broker by the Seller. Broker expressly disclaims any and all liability for representations of warranties, expressed or implied, contained in such information, or for omissions from them. Broker believes the information to be correct, but has not verified or checked it. Any agreement or decision by buyer to pursue a transaction regarding this business should be based on further investigation by the buyer.
Market Conditions & Competition
N/A
Financial Summary
N/A
Training & Support
as needed
Reason for Selling
retirement