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Description

OFF-MARKET ‘Q1 2023

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: Best Possible Offer

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.

Contact info

Pronova Partners

Inquire about this property

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