Summerland Sweets Jam, Syrup, Candy, and Fruit Wine

Summerland, BC

Seller Financing Available

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Asking Price:$4,300,000
Real Estate:$3,140,000
Inventory:$900,000
Established Year:1967
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Summerland, BC
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
18,000
Facilities
Production facilities, temperature controlled storage, tasting room, winery license, production equipment, all intangible assets
Competition
Despite economic downturn and slower Okanagan tourism, revenue levels are 95% of prior year for Fiscal 2025 so far (March year-end)
Growth & Expansion
Expand fruit leather business, expand wine production, food truck on site
Financing
Partial seller financing a possibility (less than 50%), but external financing prefer
Support & Training
Full support and training for new owner
Reason for Selling
Retiring

BUSINESS LOCATION
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Paul
Hague
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Paul Hague