This legacy snack production and distribution business has been in business for well over 40 years! It produces, packages and distributes top quality snacks to stadiums, groceries, and wholesalers alike. Their products are also available in convenience stores, small grocery stores and even Sam’s Club. Over the years, this company’s products have been found at professional sporting events that include the Tampa Bay Lightning, Tampa Bay Rays, New York Mets, and Houston Astros games. These tasty treats are also available on several major college campuses as well.
This business comes supplied with a full suite of production equipment valued at over $250,000. Detailed sales and financial information will only be share with a serious buyer confidentially.
The current operation was moved closer to owner’s home. It currently uses about 2400 sq. ft. of warehouse space. However, the owner reports that this business can operate in a space of about 1200 sq. ft., so a new owner should be able to find a far more competitive rent if they choose to move the business. If a new owner chooses to move the business, then they also must also take into consideration that some of the equipment and boiling services must be located outside the facilities. Currently, the business keeps a large 10 x 20 freezer outside the premises as well. Two freezers come with the business, however only one is in use and one is currently in storage. The businesses location can easily be moved to a place more convenient to the new business owner, within the general Tampa Bay area.
The brand value is it’s brand recognition which gives it a strong advantage in today’s marketplace. They have many proprietary recipes, systems, and processes that set the company well apart from its competition. They already have established relationships with major vendors, hundreds of small grocery and convenience stores, major league stadiums, universities and more.
There are plenty of ways to grow this company. A new owner could update the company’s website, develop a strong business to business (B2B) online presence and increase B2B marketing efforts. Additionally, they could also explore the option of adding staff to facilitate future growth. Suggested additional staff would include a manager, a dedicated sales staff and separate production/delivery crew all of which could position the business for increased sales and future growth.
The owner is ready to retire. He is willing to stick around for a period of time to train the new owner.
Interested buyers will need to provide a NDA (Non-Disclosure Agreement) and Buyer’s Worksheet to review confidential business information.
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