Honey Business that is “Buzzing”
| Asking Price: | $2,500,000 |
| Gross Revenue: | $1,700,000 |
| FF&E: | $400,000 |
| Established Year: | 1997 |
| Cash Flow: | $600,000 |
| Inventory: | $65,000 |
| Real Estate: | $950,000 |
Can you help take us to market and really 10X this business? If you can, this could be an incredible business opportunity for you. They are already doing great and growing rapidly but someone with experience could make this transition exponentially faster and grander.
This company is in the honey harvest and supply business. They offer various honey products such as pure honey, honey bbq sauce, and even honey peanut butter. The current business model utilizes distribution through wholesale channels, which makes up about 85% of their market now and the other 15% is retail primarily via their website.
The negotiations have already begun and they are about to start working with Target. This relationship will put the brand in 144 new stores in the midwest, as well as they recently added 180 other stores. Clearly this business has a ton of growth potential, and has already seen a 9%-22% growth year over year.
They have been established over 25 years and done well with the product but what they are looking for is a new owner with the knowledge and experience to grow this company and get them into major retailers across the country. With this business you have the option to buy the real estate or continue leasing it from the seller.
