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FDA Approved Cheese Straw Co. with Established Customer Base

Florence, AL (Lauderdale County)

Cheese Straw Company
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Asking Price: $44,000

Cash Flow: $12,706

Gross Revenue: $32,980

EBITDA: $12,706

FF&E: $15,000

Inventory: N/A

Rent: $250 /Month

Established: 1955

FDA Approved Cheese Straw Co. with Established Customer Base

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Business Description

Includes Secret Recipe, Commercial Equipment, E-commerce Site, & More

Turn-key growth opportunity for long-established FDA-approved cheese straw brand with built-in customer base (direct to consumer and wholesale) in North Alabama. Currently operated by two owners in approx. 1.75 working days per month, there is no limit to the growth potential of this company if supported by a dedicated ownership/staff with time to ramp up production/distribution.

Detailed Information

Location:
Florence, AL
Real Estate:
Leased
Building SF:
300
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
FDA-approved manufacturing facility and food product, secret recipe, custom hydraulic cheese straw press for bulk production, company-exclusive star tip press plate, commercial ovens, commercial mixers, baking rack, air baking sheets, commercial three compartment sink, mop sink, hot water heater, refrigeration unit, shelving, electronic scale, preparation tables, e-commerce website, branding, packaging equipment, and more. Production facility is leased month to month.
Competition:
The company is one of two well-known N. Alabama-based cheese straw brands. Due to small workforce of company, it focuses on direct-to-consumer web sales and wholesale sales to specialty stores (gift boutiques, wine shops, bakeries, florists, non-chain pharmacies) while the other brand targets chains and grocery stores. With investment, company could scale up production to support high volume distribution.
Growth & Expansion:
The company is primed for growth and is currently only limited by the owner's time availability. In it's current turn-key location, production could easily be exponentially increased with a dedicated staff. Production efficiency could also be improved by the addition of another oven in the existing space or through expansion to a larger facility. Sales are currently based solely on approx. 1.75 working days a month and word-of-mouth advertising. No paid advertising is used as current ownership doesn't have adequate time to oversee additional production.
Support & Training:
Buyer will receive hands-on training in production facility from current ownership including, but not limited to, efficient facilities operation, maintenance of recipe consistency, equipment maintenance, packaging standards, e-commerce processes, shipping, and more.
Reason for Selling:
Owners operate 3 other small business & have inadequate time to grow business.
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Business Listed By:
C. Banks

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