Jan 10, 2020 — This is a very established and profitable manufacturing business in the health and wellness industry. The company provides an array of white labeled products for loyal customers. This business has been in operation for more than 20 years. With the included training and seasoned staff, this is a perfect opportunity for someone looking to jump into business for themselves or make arrangements to convert into an absentee operation. The equipment is in good shape and the business comes with an abundance of raw materials. The building is available for sale at an additional asking price of $520,000.
The existing owner is ready to retire and pass on the revenue, procedures, and reputation of this profitable business. This shop has been creating and manufacturing a product line for its customers base on a very long-term basis. This is a proven business model with hard assets, valuable customers and lucrative agreements. The facility is in good shape and is approx. 5000 square feet situated on .5 acres with ample space and parking. The building is available but not included in the asking price. Open 10 am – 3 pm M-F.
Competitive Overview This business has never experienced any meaningful competition, mostly because they fill an important niche of specialty items. They have created their own recipes and processes. Almost all clientele are repeat customers that appreciate the quality of the product and the customer service they have received over the years.
Potential Growth In all the years of the business, the company has not spent money on a marketing plan. There is an opportunity to reach out to new and existing customers to grow the revenue along with adding a few new sales channels. Historically, the business has been the size desired by the owner so he has not looked to grow his accounts. However, he is happy to help lay down a plan that could potentially lead to rapid significant growth.