Specialty Confectionary Manufacturer & Retailer
Illinois
| Gross Revenue: | $1,500,000 |
| EBITDA: | $153,000 |
Listing ID: 2276038Listing provided by BizBuySell
BUSINESS DESCRIPTION
The Company is a specialty manufacturer of confectionery items (chocolates and candy), baked goods, and caramel apples. The Company’s creative shapes and flavors are produced by its expert confectioners and they often produce specialty items for seasonal flavors and holidays.
A majority of the Company’s customers are local retail customers and wholesale customers. Wholesale customers include the licensed stores and a farm market account. Corporate businesses accounted for approximately 11% of total revenue in 2023 and the Company derives a smaller proportion of total revenue from online sales.
DETAILED INFORMATION
Location
Illinois
Inventory
Not Included in asking price
Employees
21
Competition
Diversified Customer Base: No single customer accounted for more than 6% of revenue during the historical period. The diversified customer base helps ensure that the Company will not be significantly impacted by the loss of a single account.
Growth & Expansion
Outstanding Growth Opportunities: There exist several opportunities for the Company to significantly increase revenue and profit, including leveraging the Company’s proven reputation to pursue and penetrate new and existing markets. These opportunities are easily attainable given the appropriate investments in capital and human resources.
Support & Training
Documented Systems and Procedures: Management has implemented internal systems for both the production process and retail sales. In the past, they employed strategies from a professional management consultant to improve procedures and business strategy.
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