Jun 11, 2018 — Strategic Buyer is looking for a branded frozen product—par baked-bread, bagels, doughnuts, turnovers, pizzas, pastries, cakes, tortillas, or any other in-store bakery product—company with manufacturing capability & space to expand. TTM EBITDA levels between $1M & $5M. Owners without succession, owners wanting a partial liquidity event, with proven management teams (at least one layer below ownership). Located anywhere east of the Mississippi, preferably in markets with non-stop air lift connection from Miami; Near I95/I10 corridor, accessible labor, labor friendly location. Willing to acquire 100% if strong management team with growth track record is in place; if owner wants to remain as an investor, will consider buying up to 80% of business.
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