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Family Owned Candy Store
Location Maine,United States
Asking Price Range < $250K
Gross Revenues $198388
Net Profit / Cash Flow $68051
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1991
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Owner is relocating.
Description Sweet deal! Profitable, family owned business in high traffic location! Want to live the sweet life? This is a profitable turn-key operation which does not require any franchisor upgrades or investments! With both retail and wholesale capabilities, this business model is well diversified for any economy. Located in the same building for almost 20 years, they have a very loyal customer base that is expanding daily. The area is known for it's locally acclaimed restaurants, eclectic stores, and wonderful shopping opportunities. A recent change in the traffic pattern has attributed to a wonderful increase in sales since may 09 '. With average daily traffic of over 22,000 cars (yes, daily), the old saying goes *location, location, location!* (statistics provided by New England development) being a constant leader in the market, they have excellent brand recognition and are best known for their gourmet chocolates, candies and over-the-top varieties of fudge. Stocked full of nostalgic and traditional candies, also, this store has plenty of room for growth by adding additional items or even creating entirely new products. In addition to retail sales, more than half of this businesses cash flow comes from a wholesale entity driven by years of networking. Specializing in customized corporate orders, their clients range from local to nationwide. They have proprietary software and hardware that can enable them to manufacture a 'camera ready' business logo on a single piece of chocolate. Delicious! One of few in the world who can do this and the margins are incredible. Buyer will have everything necessary to carry on and expand this aspect. Entire operation can be run absentee and 2 part time employees. Would make an amazing family business or addition to current business portfolio. Sadly, must sell due to several unforeseen family emergencies. Priced to sell! Contact for more information on this candy store for sale.
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