| Asking Price |
$2,400,000 | Inventory |
$100,000* |
|---|---|---|---|
| Gross Income |
$3,900,000 | Real Estate |
$500,000* |
| Cash Flow |
$500,000 | Year Established | N/A |
| FF&E |
$250,000* | Employees | N/A |
* included in the asking price
** not included in the asking price
If you have strong sales/marketing and branding skills with experience conveying them in direct online and catalogue marketing, then this business may be a great opportunity for you. This long-time brand evokes a traditional southern gourmet experience through four different distribution channels. Catalogue and internet customers account for more than 55% of revenues and profits. More than 95% of customers in this channel repeat buy each year. Price points are strong and the quality and authenticity of the brand are excellent. The Company also distributes through two well-located retail gift stores off large interstate highways. Strong management at these stores allows the owner much freedom year-round to focus on the online and wholesale channels. The Company also has a fundraising brand and a wholesale gift store brand that together make up approximately 20% of sales. Large corporate customers buy from $50,000 to $200,000 worth of the company's products annually. This business can be run on a part-time basis 9 months a year. Close on this business by September and make $1,000,000 by New Years! The Company is historically strong in Q4. If this opportunity seems like a fit, contact our office to request an NDA.
Attachments: Download additional information (PDF)
Facilities: The Company leases approximately 8,000 s.f. of facilities and has a ground lease for its marquee showroom, where it owns the building.
Competition: This company is a leader in the southeast for marketing gourmet food items. Most of the sales are seasonal and the company has had consistent 15-20% growth to top and bottom lines the last three years. The brands marketed by the company have varying ages. Some are more than 50 years old and they convey a strong sense of tradition and authenticity in the market they serve.
Growth/Expansion: There are four segments of growth: 1. Continued online and catalogue sales, currently 55% of sales; 2. more year-round fundraising sales, currently 10% of sales; 3. more year-round and short-term seasonal retail locations; currently 25% of sales; 4. more wholesale sales to gourmet and gift shops, currently 10% of sales. All distribution channels are growing organically.
Financing: Some financing available to qualified buyers.
Support/Training: Seller will provide support post-sale to ensure a smooth transaction.
Reason Selling: Owner is actively seeking a large manufacturing company

Ginger Dean
704-814-0190
Business Acquisition & Merger Associates
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