Looking for a buyer.
****For more info, complete an NDA**** https://wabusinessbrokers.com/nda-registration/ Company blends and packages specialty powdered mixes that are wholesaled to leading national retailers. Pacific Northwest based. Track record of growth - sales of $8.2M in 2022 were up 23% from $6.7M in###-###-#### Sales through Q1 2023 are tracking 31%% above PY Q1 (an early but promising signal as 2023 holiday orders are negotiated in the spring). Business generates attractive profitability for owners. Proven model & experienced team – at nearly 40 years in operation, the business has 20+ year relationships with large retailers. Core leadership of 5 managers is tenured and solid. Buyer will be taking the reins of an established, profitable enterprise with a playbook that works. Sales mix – products are sold via leading retailers across North America. Along with private labeling agreements, the company has licensing agreements with a wide mix of beloved brands. The licensing agreements, along with the nature of the product, ensure predictable demand. Diversified customer acquisition - sales come from a mix of channels, including: sales managers dedicated to mining current retailer relationships and cultivating new customers, a network of independent sales reps, trade show attendance, social media, inbound inquiries, and targeted retailer outreach. Employees – ###-###-#### ; mix of office, production, & warehouse roles. Note there is a seasonal / temp worker hiring spike every summer to prepare for peak shipping season to retailers in the fall Technology & Systems – owners made investment to migrate from legacy tools; new ERP system provides sophisticated insight into the business and can be accessed from anywhere. Process documentation and record keeping are modern, thorough, and accurate. New owner will benefit from system investments and documentation for years to come Growth Levers – number of obvious marketing, sales, and operations levers for new owners to execute on and continue growing the business; more detail provided in confidential marketing documents after you submit an NDA. Levers include additional licensing and retail partners, implementing virtual catalog, bulk sales, e-commerce / DTC, and others. Predictable, reasonable hours – owners work in the business a combined 40 hours / week. Like clockwork, peak period is the fall shipping season leading up to Christmas / holiday. Schedule is predictable / and low stress. The owners have a stable team that they rely on; this is an ideal opportunity for someone who wants to own & grow a business AND have a personal life. Facility / Real Estate – owners had facility designed and built 15+ years ago, includes ~38k sqft of production and warehouse space, ~9k sqft office and retail shop. They are open to either 1) entering a long-term lease or 2) selling the commercial property with the business. Rent of $45,000 / month is ~market rate and has not changed in several years. Reason for Sale - founded 40+ years ago; current owners acquired the business in 2000 and have long leaned on a trusted, tenured team. After a record 2022, they are ready to transition the business and see a new owner scale the business to new heights. Ideal owner is a strong operator who possesses a mix of tactical and strategic chops to capitalize on the reputation and infrastructure in place. Transition Period and/or Training - owners are amenable to providing the required training to a new owner to the extent that it is necessary based on their background; this can likely be achieved in 45 days. Beyond this initial transition period, should the buyer wish, owners are willing to be available as needed for advisory / consulting at an agreed upon hourly rate. To receive a CIM with much more detail on the opportunity, complete an NDA here: https://wabusinessbrokers.com/nda-registration/ After your NDA has been reviewed more information will be released!

listing type
exclusive representation
industry
Wholesale
location
Washington, USA
revenue
$8,219,000
ebitda
$969,000
equipment
$190,000
SBA eligibility
yes
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