Established In 1939, This Candy Manufacturing Business Operates Under Several Well-Know Regional Brand Names, Automated Production Lines Produce Chocolate Covered Creams (Like See's), Caramels And A Variety Of Other Confections. Seasonal Specialty Chocolates Include Easter Bunnys, Easter Eggs And Many Other Products Designed For All The Major Holidays. The Business Is Located In A 13,000 Square-Foot Historic Oakland Building-The Front End Is An Old Mansion With A Retail Store In The Grand Ballroom Featuring Crystal Chandeliers And Beautiful Woodwork. The Back End Is An Industrial Building With Several Automated Production Lines, Warehouse, And Refrigeration. The Offices Are Located Upstairs. The Customers Are National Chain Store Customers. The Owner Selling Due To Health Reasons. One Owner Who Has 30+ Years Sales Experience Wants To Stay On As Sales Manager. The Other Who Manages Operations Will Stay For A Transition. Owners Are Consistently Building The Customer Base And Have Several New Accounts This Year Including Costco, Safeway, Winco And Others.
In Addition To The 284,000 Payment To The Sellers, The Buyer Is Expected To Assume Capital Equipment Leases At 2,710 Per Month With 24 Payments Remaining As Of September, 2009 And To Pay The Broker's Commission. The Equipment Leases Have A 1 Buyout At The End Of The Term.
This Would Be A Great Business For A Chain Of Candy Stores Or A Candy Manufacturer Serving SF Bay Area Stores From Out Of The Area.
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