This profitable business manufactures and sells nationally recognized gourmet caramel apples, chocolates, toffees and chocolate-coated California dried fruits and fresh nuts. This seasoned business was established 1993 and despite the recent slowdown in the economy and an owner approaching retirement, the company posted growth in revenues and profits for 2008 and continues to show growth into 2009.
The company has established a national presence in a niche market producing a range of tastefully packaged gourmet quality confections including a trademarked brand of packaged chocolate coated dried fruit. Sales are diversified in both the consumer direct and wholesale channels. Direct sales are conducted at a series of large fairs, festivals and consumer shows throughout California and the Southwest. Consumers can also purchase products direct via e-commerce on the web and an outlet store at the factory retails products to local customers. Payment is collected at the point-of-purchase on all direct sales. A custom pre-paid ordering program designed to assist non-profit groups with fundraising provides significant wholesale revenues. Sales on account to small independent retailers and pre-paid private label sales round out the wholesale mix. There is plenty of room to grow market share in all existing channels as well as opportunity to open new sales channels.
The facility is located in the coastal region of Central California and has the capacity for increased production. Facility and payroll cost are relatively low and the well-trained staff efficiently conducts sales, customer service, product design, production, packaging and shipping. The Owner is ready to retire and will train Buyer in all aspects of the business to insure a smooth transition. This is an excellent opportunity to acquire and grow an established brand.
|