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Details

• Last six years: Sales from $2.95M to $3.73M, EBITDA from $209k to $577k
• $3.73M sales FY just completed up 26%,
• July 2022 3 month YTD production 20% higher than 2021, $1.38M sales up 37%
• $500k working capital (including inventory) is included
• HACCP in place
• Specialty product
• Sales generated by distributors, no internal sales or marketing
• no delivery vehicles
• ~20% of sales to USA
• ~20 production staff
• 8,860 Sq Ft stand alone building, 5 year lease renewal began April 2022 at $6.50/SF + TMI
• Established over 20 years
• Owners retiring and will assist transition, Operations Manager (a minority owner) will continue as an employee
• Confidentiality Agreement required

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