Description
Ground Floor Opportunity to get into a THRIVING market with an innovative Boston, Massachusetts Specialty Produce Company
Boston, MA
Seller Financing Available if the price and deal structure is right.
Asking Price: Competitive Auction Format
Cash Flow: $80,168.84
Gross Revenue: $235,677.39
EBITDA: N/A
FF&E: Ask
Inventory: Ask
Established: 2017 as LLC
Employees: 2 (Employees) + Contract Labor as needed
Business Background
The Company grows to order for sale microgreens and specialty herbs for 57 customers that are a “who’s who” of the local Boston restaurant market, and offers a more limited selection of pre-packaged products to consumers.
According to Allied Markets’ report “Microgreens Market by Type: Global Opportunity Analysis and Industry Forecast 2021-2028”, the microgreens market size was valued at $1,276.0 million in 2019, and is estimated to reach $2,049.3 million by 2028, registering a CAGR of 11.1% from 2021 to 2028.
This is an outstanding opportunity to get into a thriving business that grows the freshest possible produce in that is delivered to elite restaurant clients in Boston, Cambridge and Somerville, MA.
Company Overview
• LLC: began November, 2018
• 2021 Customer Count: 57 restaurants
• $235,677.39 in sales from 08/31/20-08/31/21
• $27,050.74 Cost of Goods Sold from 08/31/20-08/31/21
• $80,168.84 Net Operating Income from 08/31/20-08/31/21
• 2000 Sq. Ft. Production, Packaging and Distribution Facility
• Monthly lease of $2190: 6 Years
• Negotiable period of training/transition consulting at no cost
• 5 year non-compete
• 13,000+ annual visitors to the company website
• 688 Facebook Likes
• 14,000+ Instagram Likes
• 20% of business is client referrals
• 80% of business comes from website
NDA is required for comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.
Detailed Information
Facilities:
2000 Sq. Ft. Production, Packaging and Distribution Facility & Monthly lease of $2190: 6 Years
Competition:
CIM covers this. Niche business.
Growth & Expansion:
CIM covers this. Significant upside.
Financing:
TBD if structure and terms are acceptable.
Support & Training:
As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the
Business.
Reason for Selling:
Other business interests.
ProNova Partners Buyer Profile & NDA
***RED STARS ARE REQUIRED FIELDS***
This information is required and must be filled in completely before the Seller will release any vital information, including business address, financial due diligence package on file, and other sensitive confidential information.
It will also be used by ProNova Partners to match your buyer profile with future similar engagements our firm has for sale.
* Required
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