Profitable, Resilient Gourmet Specialty Food Retailer with Strong Catering Presence and Manufacturing Capability

Rare, virtually turnkey, systemized and innovative business

This unique opportunity is a longstanding, vibrant, highly profitable specialty food retailer with gourmet shops and a high-volume catering business. Headquartered in the Southwest, the company enjoys a loyal, high-end following and an iconic, well known brand. The company also has a growing manufacturing presence.

This business has received multiple accolades and awards on a national level and has been selected as the exclusive caterer for prestigious clients, including presidential and gubernatorial events.

The company performed extremely well during the pandemic crisis of 2020 and the 2008 Recession due to its varied revenue channels compared to other companies in the industry. This seller will not entertain offers from potential buyers who require SBA financing.

Total Sales: $5,300,000

Cash Flow: $1,142,000

FFE: $1,405,000

FFE Included: Yes

Year Established: 1991

Employees: 62

Managers: 9

Facilities Information:

Four production facilities and three retail facilities.

Reason For Sale:

Seller believes that new ownership would greatly accelerate the expansion and growth of the business.

Training & Support:

The owner is committed to a smooth transition for this business and would offer up to 90 days of assistance without additional compensation to the new owner. In addition, the owner is willing to assist further as needed with appropriate compensation.

Competition:

While the company has competitors in each of its revenue channels, it does not know of another company as diverse and innovative in its space.

Potential Growth:

The company’s growth strategy, which can be accelerated under new ownership, is to expand geographically, to extend its product lineup and to secure new B2B relationships.