Fudge Manufacturer & Wholesaler

Recently Sold

Financials

Asking Price of business :$74,000
Included In Asking Price :Furniture, Fixtures & Equipment: $20,000
Annual Sales :$90,000
Cash Flow :$30,000

Summary Description

The business is a manufacturer and wholesaler of gourmet fudge. This easily relocatable business has wholesale customers throughout the east coast from New England to North Carolina. The company hand-makes a variety of flavored fudges using traditional copper kettles.

General Information

Year Established :1980
Employees :2 PT
Facilities :The facility is located in a 1,000 sq. ft. facility, but will need to be relocated.
Business Location :Maine

Market Outlook

Competition & Market :

While there are a variety of competitors, the company has served many of its wholesale clients for years and even decades.

Growth & Expansion :

The business has done virtually no marketing or sales efforts for growth. The addition of a website, direct consumer sales, and a sale rep could grow the company quickly without the need for additional production capacity.

About the Sale

Financing :

Anticipated Bank Financing $50,000. Down Payment $24,000. Working Capital Needed $5,000

Support/Training : Owner will train on all recipes and processes.
Reason for Sale : Retiring.

Contact Information

Brian D. Hanson
Maine Business Brokers
Phone: 207-775-1957 x 108
Email: .(JavaScript must be enabled to view this email address)

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