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Profitable, Resilient Gourmet Specialty Food Retailer with Strong Catering Presence and Production Capability
Asking Price
N/A
SDE
$669,625
Industry
Special Food Services
Gross Revenue
Location
$5,021,675
Texas
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 Texas, the company enjoys a loyal, high-end following and an iconic, well known brand. The business has a growing manufacturing presence as well. 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 very well during the pandemic crisis of 2020 and the 2008 Recession due to its various revenue channels compared to other companies in the industry.
Internal ID
8082044
Number of Employees
62
Year Established
1991
FF&E
$1,405,000
FF&E Included
Yes
Inventory Included
No
Reason for Selling
Seller believes that new ownership would greatly accelerate the expansion and growth of the business.
Facilities & Assets
Four production facilities and three retail facilities.
Support & Training
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.
Market & 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.
Growth & Expansion
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.
"*" indicates required fields
SDE
$669,625
Industry
Special Food Services
Gross Rev.
$5,021,675
Location
Texas
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 Texas, the company enjoys a loyal, high-end following and an iconic, well known brand. The business has a growing manufacturing presence as well. 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 very well during the pandemic crisis of 2020 and the 2008 Recession due to its various revenue channels compared to other companies in the industry.
Internal ID
8082044
Number of Employees
62
Year Established
1991
FF&E
$1,405,000
FF&E Included
Yes
Inventory Included
No
Reason for Selling
Seller believes that new ownership would greatly accelerate the expansion and growth of the business.
Facilities & Assets
Four production facilities and three retail facilities.
Support & Training
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.
Market & 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.
Growth & Expansion
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.
"*" indicates required fields
Profitable, Resilient Gourmet Specialty Food Retailer with Strong Catering Presence and Production Capability
https://newleafbrokerage.com/listing/profitable-resilient-gourmet-specialty-food-retailer-with-strong-catering-presence-and-production-capability/
SDE
$669,625
Industry
Special Food Services
Gross Rev.
$5,021,675
Location
Texas
Business Description
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 Texas, the company enjoys a loyal, high-end following and an iconic, well known brand. The business has a growing manufacturing presence as well. 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 very well during the pandemic crisis of 2020 and the 2008 Recession due to its various revenue channels compared to other companies in the industry.
Detailed Information
Internal ID
8082044
Number of Employees
62
Year Established
1991
FF&E
$1,405,000
FF&E Included
Yes
Inventory Included
No
Additional Information
Reason for Selling
Seller believes that new ownership would greatly accelerate the expansion and growth of the business.
Facilities & Assets
Four production facilities and three retail facilities.
Support & Training
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.
Market & 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.
Growth & Expansion
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.