Specialty Food Group Snack Manufacturer and Distributor

Specialty Food Group produces premium microwave and ready-to-eat popcorn snacks for customers in the United States and worldwide. Production equipment value is 9+ million, land value is over 5+ million, and working capital is ~1.5 million. Clients Their customers are domestic and international retailers who buy and sell the company's products. Revenue Type Revenue is 100% B2B with all customers placing recurring orders. Reason for Selling The owner has another company he is looking to focus on more and is ready to divest this business. Looking For The owner is looking for someone to take over this business. Other The company was in the process of divesting earlier this year, therefore all information for due diligence is readily available. The company has a 200,000 sqft facility on a 20-acre property with room for expansion and is SQF level 2 certified. They can produce 350 million microwave bags a year, 110 million ready-to-eat 6-ounce bags, and 45 million units of 30-ounce kernel jars. In addition, we have over 50 Silos for corn storage.