Summerland Sweets Jam, Syrup, Candy, and Fruit Wine
Asking Price: | $4,300,000 |
Real Estate: | $3,140,000 |
Inventory: | $900,000 |
Established Year: | 1967 |
Presenting the offering for the first time ever of the historic, profitable, Okanagan Business: Summerland Sweets/Sleeping Giant Fruit Winery. Operating for over 62 years, Summerland Sweets produces jams, syrups, candies, and fruit leathers. Commencing operations in 2009, Sleeping Giant Fruit Winery produces almost 30 fruit wines from BC berries and tree fruit. Summerland Sweets products are sold both at the on-site retail store and wholesale at other retailers including Save On Foods. With a huge number of SKUs, products range from Blueberry Syrup to Peach Jam to Cashew Brittle.
The business operates out of its own property located at 6206 Canyon View Road. This 1.42 acre property is uncommonly Agri-Industrial Zoned for processing of agricultural products. The property consists of a 13,900 SF production building built in 1967, a 3,000 SF retail store (built in 1992 with an addition in 1999), and a 1,200 SF temperature-controlled wine storage building. All equipment and business assets are included, inventory is in addition to list price. A professional appraisal has been conducted on the property and a professional valuation of the business. These items, further details, and financial statements are available with a signed Confidentiality Agreement. A share sale of Summerland Sweets Ltd (owner of land and all assets) is preferred. We respectfully ask that you please do not discuss sale with the staff as this is a fully operational business.
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