Sep 13, 2019 — The Company manufactures shortenings using proprietary recipes and a proprietary process. This Company’s products are considered premium and their distributors sell their products to bakers all over the United States.
The Company is well positioned to provide a stable and profitable platform for growth. Utilization of the Company’s proprietary products and process provides an industry related company access to a well-established customer base and a premium product.
In 2018, the Company yielded $1,500,000 in revenue with SDCF of $800,000. The Company is on track to achieve $1,500,000 in revenue with $785,000 SDCF for 2019. The SDCF is based on a Strategic buyers view of cash flow on their existing platform. We are not interested in any financial buyers pursuit of this opportunity.
The Company’s key management team will stay with the new buyer. The owners will help the new buyer through the transition period and beyond if needed.
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