This company develops and sells innovative food products and equipment to major food service companies. Some of their current and most notable customers are major food service companies like Sysco and US Foods. This business sells their products in bulk to wholesalers and direct to consumers. They sell via Amazon and through their website with an online shopping cart. They have 3 major products that undoubtedly have HUGE growth potential. When a simple Google search is performed they rank #1 organically and are the ONLY company that offers this specific product. This makes them truly unique and absolutely defines the meaning of a “Niche” business.
The best part about the business is that it is on auto-pilot and basically runs itself. Any new ambitious acquirer can take this business to the next level by simply putting in the time necessary to achieve substantial revenue growth. The current co-founders/owners started this company and formulated their proprietary recipes to satisfy their own wants and needs. In doing so they created a product and market for french fries that is in a league of its own. French Fries are consumed worldwide by almost everyone! Their products are great for personal household use and they are also great for restaurants and offer cost savings and increased profitability.
They own numerous domain names along with their current website that are great for SEO purposes. Their Products are not manufactured in house, manufacturing is out sourced to a contract manufacturer. This company can be built big enough to be an acquisition target for a major food supply company, which would result in a large pay day for the entrepreneur who buys this business and puts the work into making it a globally recognized product. They currently utilize a CRM system and have built a steady recurring revenue based business with a consumable product line.
Total Sales: $450,000
Cash Flow: $100,000(Included in Price) (Included in Price)
Lender Pre-Qualified?: Yes
Terms and Conditions?:
Reason For Sale:
The Owners have a real estate company that they are highly passionate about. They have decided that Real Estate is the business that they want to dedicate all of their time too. They built this business from scratch and feel it will be better off with a new owner that can devote more time to growing it.
Training & Support:
Full Training and on-going support included. 30 days of transitional training without pay comes with the purchase of the business. If needed a consulting agreement after the 30 days can be negotiated
Year Established: 2011
Year of Last Acquisition: N/A
Owner Hours Per Week: 5 hours or less
Absentee Owner?: Yes
Lease Option: Yes 10 years
Monthly Rent: 1250
Square Footage: 1,800
Office Headquartered in Central NJ
Manufacturing done in Maryland
Sales, Marketing, Retail, SEO, Tradeshows. All very helpful but not not required.
This company literally owns this space. They have NO competition at all! Contact Business Acquisition Experts to learn more about this unique product line. www.acquisitionspro.com
GROWTH potential- the most important value driver for a business acquisition. This business has numerous avenues for growth!!
Retail is the largest potential for growth, followed by getting this product into franchises like 5 guys burgers and fries, in and out burger, etc. Any restaurant(s) that sell a large amount of fries. Online sales and SEO could boost revenue. They currently do very little online marketing. A solid Facebook or Instagram advertising campaign would work great. Even a targeted Google Adwords campaign using specific keywords has the potential for increasing sales tremendously. Trade shows and sales calls are also very effective.
A buyer who has experience and expertise in any of the growth avenues listed above could easily take this business to millions of dollars in revenue per year. After all, a couple billion pounds of fries are consumed annually.
The Sellers as mentioned before have a real estate business that they are 100% focused on. In fact, they only spend a few hours a week working on this business. Someone who is willing to take over and work hard can make this company a major success.