Profitable and growing commercial bakery that specializes in wholesale specialty/healthy snack food. The Company sells its own brand through distributors, but also manufactures private label brands for major grocery store chains and specialty brands. The facility is a NC Department of Agriculture and Consumer Services inspected facility. Significant opportunity for growth by expanding the grocery store business across the other chains, other specialty brands, and co-packing opportunities. This turnkey operation comes with a full complement of equipment, customer relationships, and existing and knowledgeable staff. YTD revenue is up 11% over last year.
The financials above include a $36,000 annual rent charge. If the real estate is also purchased, the discretionary earnings (SDE) available to the buyer will be $377,790.
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