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Business Listed by

Sunbelt Raleigh

Contact: Tom Guertin
Office Phone: 919-787-0566
Mobile Phone:
Listing ID: RALEINC001-N722

Food Product Research, Development, Marketing and Distribution Company for sale

Financial Information

  • Asking Price: $1,150,000
  • Gross Revenue: $764,909
  • Cash Flow: $301,556
  • Down Payment: 0
  • FF&E (Included): $60,000
  • Inventory: N/A
  • Financing: No

Business Location

  • Confidential
  • North Carolina
Primary Business Category: Chemical Manufacturing

Patented processes for food testing and safety. Exclusive manufacturer of a unique & profitable food safety product. This product, and significant other products in the pipeline, are waiting for a buyer with the marketing expertise and industry bandwidth to exploit.The Cash Flow Ranges from $300,000 to $325,000 annually for the 2 most current years. The 2019 revenues are on track to surpass these values.Established in early 2000's by the current owner. This business consists of high tech, research and development, and has its own marketing arm for the retail sector of the business. They specialize in the marketing and sale of innovative products to promote safety worldwide while their products are sold in many countries around the world, including the US. The company specializes in developing methods and technology that are user friendly, and which allows even laymen to use them with minimal training. They are also open to considering joint projects, as well as consulting on a variety of subjects. The majority of their customers are repeat National and International clients. Many repeat countries/customers are under contract while new contracts are always considered. They use the Internet, in-house sales people, as well as some distributors for selling their products. Adding a traveling sales representative is currently being considered. The Company is paid upfront for the products sold prior to shipping; therefore, having minimal accounts receivables. They employ 10 FT employees, and are housed in a 3,200 leased space. The company holds several patents, as well as having others applied for and under consideration. The company has no loan obligations, and has never been involved in a law suit. The best fit for this company would be a buyer with marketing, and a sales background as well as some technical and chemical background.For further information please contact: [email protected]; [email protected]

Competition Description

Very little.

Growth / Expansion overview

By hiring outside sales people the company would offer an opportunity in all areas of the business.

Support / Training Comments

As needed; negotiable. Willing to stay on PT for up to 2 years - Transition period is Negotiable (and will be available on a paid consulting fee basis).

Financing Comments

Some seller financing available for a qualified buyer.

Reason For Sale
Founding owner wishes to retire.
  • Home Based: No
  • Year Established: 2005
  • Franchise: No
  • Year Acquired: 2005
  • Willing to Train: Yes
  • Relocatable: Yes
  • Required Licences: Business, Health

  • Is Property Leased: Yes
  • Real Estate Available: No
  • Real Estate Included: No
  • Real Estate Value: N/A
  • Days Open: Monday - Friday
  • Hours Open: 9am-5pm
  • Fulltime Employees: 12
  • Part time Employees: N/A
  • Is Management Staying: Yes
  • Distressed: No
  • Monthly Payroll: $0
  • Monthly Rent: $3,721

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