Available Feb 2025: Craft Food Business – Spices & Tea
Asking Price: | $375,000 |
Gross Revenue: | $437,000 |
Established Year: | 2012 |
Cash Flow: | $109,700 |
Inventory: | $70,000 |
Processing, Retail, Wholesale & Ecommerce - Marysville & Tiburon, CA
Be your own boss!
With a national following through ecommerce as well as brick and mortar locations in Tiburon and Marysville, CA, Local Spicery manufactures and sells consumer-direct, all-natural, freshly milled, highest-quality spices and seasonings. In the past decade, we’ve grown the company from hobby to profitability.
In 2023, the company has:
>>> Achieved 25% SDE return on $437,00 annual revenue.
>>> Shipped more than 3400 internet orders across the US.
>>> Sold more than 10,000 jars of spice at our Tiburon retail store.
>>> Created custom blends for wholesale customers.
>>> Established new wholesale accounts with local grocery stores.
>>> Maintained nearly 60% open rate of our e-mail newsletter.
With the research done, the brand created, and the foundation laid, Local Spicery is ready for a new owner to take it to the next level!
HIGHLIGHTS
>>> Proven diverse sales approach in place with two brick & mortar retail locations, ecommerce with affiliate program, farmers market/festival capability, and wholesale programs.
>>> Verified production processes/procedures that meet FDA requirements to ensure quality and food safety.
>>> Fully permitted 2400-square foot production facility in iconic historic building purpose-built for processing dry ingredients.
>>> Entree into niche markets: organic specialty food (Local Spicery holds an OPFR but is not certified organic), vegan/WFPB specialty food with national following (Local Spicery was highlighted in Forks Over Knives Magazine in 2021), small to moderate co-packing (tested up to 450 pounds of one lot), and Marin County presence (Only dedicated spice store in the county, solid local following, targeted signature blends named after Marin locations.)
DETAILS
Marysville RE: 2400 SF; low triple-net lease available; complete building reconstruction in 2018 plus more than $150,000 in building improvements specifically related to the business. (Building purchase possible under separate transaction.)
Tiburon RE: 475 SF; leased; more than $30,000 in tenant improvements including apothecary-style cabinets, bay window display shelving, and Carrara marble countertop. (Buyer to be approved by and lease to be negotiated with landlord.)
Inventory: Included (2023 YE value estimated at more than $70,000)
Employees: 5 part-time trained employees
Furniture, Fixtures,
& Equipment (FF&E): Included
Competition: Business has a great reputation and established niche markets which help insulate it from competition.
Growth & Expansion: Expand product offerings, further develop wholesale opportunities, build additional retail outlets or offer franchises, explore additional niche markets, build partnerships.
Support & Training: One-month transition support
Financing: No owner financing
Reason for Selling: Retirement