Peanut and snack distribution and manufacturing

Clearwater, FL
Own your own great snack business
Asking Price:$115,000
Gross Revenue:$150,000
Rent:$800
FF&E:$40,000
Cash Flow:$45,000
Inventory:$2,000
EBITDA:$45,000
Established Year:1979
BUSINESS DESCRIPTION

Regrow the amazing snack manufacturing and distribution company

Near nearly 50 years of fun and success. At one time the products were in 85 stadiums around the United States. As well as many local grocers and grocer distributors. As well as convenient stores, etc. They provide a variety of product such as pre-cooked, popcorn, peanuts, candy, nuts, various snacks, and boiled peanuts.

Although this business is a former shadow of itself during its hay day, we truly believe this could be ramp back up. Surviving owner has faced a few health challenges. But Business was run by his wife for the last several years. She unfortunately passed away recently. The husband who is currently now the owner of the business has not worked in the business for years. This is kind of a fire sale. But it's a great legacy.

This is a truly incredible opportunity. Training provided. Take over this incredible business and take it to another level.


DETAILED INFORMATION
Location
Relocatable
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
1,000
Lease Expiration
31/03/2025
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Since customers do not come to this location, at least for the most part, and look of the property as well as as its visibility to the public as minimally important. This place needs a place in order to prepare the boiled peanuts and other products. This is fully equipped. Hard to put a price on some of the equipment. One would probably not be able to purchase all the equipment that comes with this business for the price that's being offered to buy the business itself.
Competition
And the realm of boy peanut there is a few different operators. Not a lot of competition. This company has been around longer than any other operators. Got a great brand great reputation.
Growth & Expansion
Owner has been separated from the business for several years while the wife has been operating the business on a day-to-day basis. Unfortunately, she passed away September 2024. Husband has been keeping the business up and operating. However, we are ready to find a buyer as soon as possible.
Financing
Bring your best offer
Support & Training
Staff pretty much knows what to do in terms of producing the products, but orientation is certainly available for this business.
Reason for Selling
Loss of spouse. Well into age of retirement. Many other hobbies.
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Brian
Stephens
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Brian Stephens