Natural super food company with loyal customers
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Background
| BizEx ID: | BizEx1437-DH |
|---|---|
| General Location: | Los Angeles, CA |
| Category: |
Wholesale/Distribution Food & Kindred Products |
| Years in Business: | 26 |
| Under Present Owner: | 26 |
| Hours of Operation: | 8a-5p |
| Owner Hours: | 9a-5p |
| Training: | 4 weeks @ 30 hours |
| Organization Type: | S-Corp |
| Lease Expiration: | |
| Lease Options: | |
| Building Size: | |
| Employees: | 5 |
| Reason for Sale: | Retire |
Financials
| Asking Price: | $2,599,000 |
|---|---|
| Down Payment: | Negotiable |
| Gross Sales: | $2,500,000 |
| Discretionary Cash Flow: | $500,000 |
| FF&E: | $75,000 |
| Inventory Included? | Yes |
| Inventory: | $400,000 |
| Min. Operating Capital: | $100,000 |
| Real Estate Available? | No |
| Rent: | |
| Payroll: | $33,000 |
Pictures
Description
Please note, this is a highly specialized industry and the sellers will only entertain offers from qualified buyers with a high level of experience in the market, and the infrastructure in place to expand market penetration.
Company has a portfolio of award winning nutritional supplement brands for over 20 years. They sell direct to consumer via their website and online retailers like Amazon, Walmart, Costco, as well as numerous retail stores.
The company offers a diversified customer base in 6 different countries. Customer retention exceeds 80%.
Along with a superior reputation, there are 15 trademarks on products in the US, Canada, and Japan. Management is willing to remain through transition and consider long term post close roles.
All product ingredients are natural organic, vegan, gluten free, raw, and GMO free. The owners have maintained high quality standards while offering delicious products that sell for competitive prices. The diversity of awards demonstrate the products outstanding quality and taste.
Please visit: https://www.bizex.net/buy-business/register to register with BizEx and sign an online NDA for additional information. Registration is quick and simple, and you will not receive any marketing emails.
Brokers: Eric Mellem emellem@bizex.net (310) 293-6414 and Dan Higgins dhiggins@bizex.net (714) 719-1809
Disclaimer: The information herein is furnished by the seller; BizEx has not verified this information and makes no representation or warranty as to its accuracy, completeness, or authenticity. Future earnings may differ from past earnings. Discretionary Earnings is defined as earnings before deducting interest, taxes, depreciation, and amortization, and adding Owners salary, benefits and non recurring expenses.
