Under Contract-Profitable and easy to operate Vegan Food manufacturing and distribution co. Started under current owner in 2015. 2018 Gross sales were $238K+/ with net income of $55K+/. Business is currently located in the Northern California area.
Customer base is made up of 40 +/ well known grocery stores including Whole Foods Markets. Distribution is broken down to: SF, South Bay, and Peninsula areas, East Bay and North Bay. The customers are long term and loyal.
Fantastic website which is fully functional and includes an open cart platform which is specially designed for eCommerce orders. 4 PT employees handle the day to day workload Mon-Thursday 5am to 1pm. A month to month lease at a commercial kitchen with rent of $2400 is in place.
The Seller works part time with this company and has indicated a more focused operator could grow the company with ease.
Inventory: Included in asking price
Real Estate: Leased
Building SF: 3,400
Lease Expiration: Month to Month
Furniture, Fixtures, & Equipment (FF&E): $30K+/ Included in asking price.
Van is not included in the asking price.
Facilities: 3400+/ sq. ft. Commercial Kitchen with rent of $2400 on a month to month lease. Relocatable.
Competition: The vegan food industry is growing. This could be a great opportunity for the right buyer.
Growth & Expansion: Plenty of possible ways to grow and expand.
Financing: Some Seller finance is possible to qualified buyer
Support & Training: 2 weeks for 20 hours per week or as negotiated.
Reason for Selling: Other business interests