Bakery Factory of Popular Products
| Asking Price: | $1,000,000 |
| Established Year: | 1997 |
This specialty company offers high quality, high margin kosher baked goods made with authentic, natural ingredients for a flavorful product enjoyed by the masses. Retailers consist of Publix, Fresh Market, Target, Walmart and others. With recent escalation in popularity Publix has offered all 880 stores statewide for these delicious baked goods. This represents a valuable platform of growth for a suitor that includes all other retailers now discussing a statewide expansion into thousands of more store
The business has grown to its current place with no sales manager/ development expert/ production expert/ logistic expert/ etc. etc etc. The business basically has grown on its own, organically because of the quality and service. There has been no marketing or social media.
The business has a solid ground to grow on. Its not that frequent that you can find a business with a recognized brand, high quality products and a customer base like ours. With Publix, Fresh Market, Target, Winn Dixie and others .
Keep in mind that the business has two parts to value, a multiple based on Rules of Thumb and the added high value of an established distribution channel ready to expand.
To valuate the distribution channel there are several ways. The most common is how long it would take the buyer to be awarded a vendor number and what is that present value. In this case if the buyer is looking to get into Publix, it can literally take up to 8-10 years. So the buyer is buying and saving all the costs of people, time and money to get on the shelves of these retailers. The product success at Publix has led Publix to offer all 880 stores. But with more infrastructure there could be multiple chain expansion in Florida and with efficiencies in place at the factory may lead to a 5-10 x multiple of sales.
