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Vermont Soup Company

Middlebury, VT (Addison County) (Relocatable)

Vermont Soup Company
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Asking Price: $39,000

Cash Flow: N/A

Gross Revenue: $63,051

EBITDA: N/A

FF&E: $5,000

Inventory: N/A

Established: 2016

Vermont Soup Company

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Business Description

Vermont Specialty Soup Business

PRICE REDUCED! Motivated Seller! The Vermont Soup Company LLC (VT Soup) was founded in 2016 as a specialty food production company. The business produces healthy, delicious, homemade soups for wholesale and retail sale. The company has produced and perfected 25 different soup recipes. The business has grown in sales and net income every year since its inception. Revenues have grown 31% per year on average and net income has grown 100% per year. The business is perfectly positioned to scale in size and become a leader in the local VT food production movement.

The Vermont Soup Company has established a loyal following in Addison County with consumers who appreciate healthy, flavorful, fresh, and locally produced soup. VT Soup has developed a long-standing relationship with the Middlebury Natural Food Co-Op, where it sells soup on a wholesale basis. Vermont Soups are featured on the shelves of the grab and go cooler for retail sales and offered ready to eat on the salad and prepared food bar. The business also sells directly to consumers at the Middlebury Farmers Market.

The Vermont Soup Company has an extremely strong brand with its Vermont tradename and a well-constructed website, and is poised for exponential growth by marketing its wholesale and retail sales to local, regional, and national markets.

Detailed Information

Location:
Middlebury, VT
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business currently operates out of a VT licensed home-based food production facility in Middlebury. The location is not available as part of the sale and therefore the business operations will need to be relocated upon sale.
Competition:
The Vermont Soup Company operates in the highly fragmented food production industry. Within that industry, it more specifically operates within the pre-made, packaged, fresh, soup market. There are very few established Vermont based producers within the regional soup market, such as Joe’s Kitchen. By virtue of its name, however, Vermont Soup has a unique advantage in leveraging the positive branding of “Vermont” food producers throughout the region and on a national level.
Growth & Expansion:
The three-year history and established local reputation of this business provides a great foundation to not only compete in the existing market, but also offers the opportunity to expand the production of existing products to meet demand and create additional offerings to capture additional revenue. There are also opportunities to expand and capture additional market shares with increased marketing and advertising to the Vermont and greater New England populations. The business has primarily relied on reputation and word of mouth marketing, supplemented with minor general marketing and advertising efforts, and could benefit from additional advertising.
Support & Training:
Seller will include transition assistance details and time commitment to be negotiated. Assistance required to establish the production facility at another location is included as part of the sale of the business.
Reason for Selling:
Owner to pursue an unrelated career
Business Website:
http://www.vtsoup.com
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Bryan Phelps

Business Listed By:
Bryan Phelps

Stonewell Properties, LLC

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