Pastry Manufacturer with Real EstateListing: #SD00153
About this Business for sale in CaliforniaPastry Manufacturer with Real Estate
Amazing opportunity to purchase a 30 year old plus pastry manufacturer and the real property! This is a very scalable business model ripe for expansion. These mouth-watering pastries are centuries old. Ownership has refined and perfected the recipes over the years and continues to be creative with flavor profiles based on consumer demand.
The facility adheres to the most stringent standards, OU Kosher certified. All of the ingredients are carefully sourced and the company only partners with vendors with the highest standards. This is a premium product line (no preservatives, no high-fructose corn syrup, no fillers, artificial flavors, etc.) but at the same time caters to the masses with great price points. The company distributes to major retailers (Vons, Wholefoods, Henry & David, etc.) as well as independent retailers. According to the Seller, customer base is highly fragmented.
The company has been able to grow over the years with minimal resources allocated to sales and marketing. Other opportunities include growing an online marketplace, new packaging, new website, mining more business within current distribution channels, and new products. The company has been approached in the past by major Airlines, Big Box retailers, and even overseas companies wanting to place a PO but the company was not in a position to scale without additional resources.
All F.F.& E, inventory, and accounts receivable are included in the sale. This could be a great add-on to an existing portfolio of brands in the pastry/food space. A strategic buyer in the space with the infrastructure, sales and marketing, manufacturing capabilities, and distribution channels could maximize economies of scale with their resources. This platform company is perfect for an entrepreneur looking to scale a business. NDA and proof of funds required.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.