Candy Manufacturer – Traditional New England Candies - MF1308

Terrific Opportunity to Expand this 60 Year-old Business!

 

 

Asking Price:  $259,900

Gross:  $435,000 (2016 est.)

Cash Flow:  $105,000

F,F, & E:  $75,000 (est., included in asking price);

Inventory: $30,000 (approx., not included in asking price)

 

Summary:  In business since 1940, this regional manufacturer of highest-quality specialty candies affords a terrific opportunity for a new owner to significantly increase revenues and profitability through initiation of sales and marketing programs not currently being undertaken. The product mix includes three distinctive product types with dedicated separate production lines. Opportunity exists to expand sales by offering newly developed all natural and sugar-free versions of the current products. Having just gone through a major facility move and modernization, the production capacity for, and the quality of, all product lines has been increased and the facility is now able to support expansion of the company’s presence in its existing markets. As there is currently no sales personnel, a new owner with a background and strength in sales and marketing would be a real asset. This business is being sold only because the owner is relocating and it is hoped that the buyer retain the present dedicated employees in the current location if possible. The business employs 3 full-time production staff and additional temporary workers as production requirements dictate.  

 

Facility:  Manufacturing operations were recently relocated to a new 5,625 sq. ft. facility with substantial investment made in additional production equipment, efficiency and capacity. 

 

Opportunities:  Tremendous opportunity for an ambitious entrepreneurial manager to grow this respected specialty business to the next level of sales and profitability.

 

Furniture, Fixtures and Equipment: Price includes three dedicated candy production lines and all the ancillary support equipment, fixtures, shelving, etc.

 

Hours: Currently open Mon – Fri. 6:30 AM to 3 PM. 

 

The Seller has provided this business information. The broker does not certify or warranty this information.

Call Bob Karlis, Business Broker, at 781.783.6998 or email to bkarlis@cabotbb.com for more information.