Midwest Manufacturer of Chai Bottled Drinks and Concentrate

This is an established manufacturer of chai products including ready to drink products available in retail establishments and concentrates available to coffee/tea shops and restaurants. Not only has the business developed a loyal following, it has garnered favorable local press. The business was started by two partners who were successful in executing on their dream but are unable to devote more time to the business to bring it to the next level. Much of the initial hard work has been done including honing a manufacturing process, the trade name and dress and distribution into retail and restaurant establishments. This product line be ideal for a manufacturer with established distribution channels or an entrepreneur with food manufacturing experience. The owners are flexible on the structure of a potential deal.

We work with a number of banks and Small Business Administration (SBA) lenders. A signed non-disclosure is required as well as proof of financial capability.

Down Payment: N/A

Total Sales: $310,138

Cash Flow: N/A

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

Inventory: N/A

Inventory Included: Yes

Year Established: 2021

Year of last Acquisition: N/A

Days & Hours of Operation: M-F 9AM - 5PM

Owner Hours Per Week: Minimal.

Non-Owner Payroll: N/A

Employees: 4

Managers: 1

Absentee Owner: Yes

Real Estate: N/A

Real Estate Included: No

Monthly Rent: $2,500

Type of Location: Food industry inubator.

Franchise: No

Relocatable: Yes

Facilities Information:

The business operates out of a licensed shared kitchen facility.

Reason For Sale:

Partners have employment and family commitments and are unable to devote time to bring the business to the next level.

Training & Support:

Up to a two week transition period and phone support afterward as needed and negotiated.

Historical Summary:

The owners have gotten the business from zero to distribution in a number of well known loal establishments.

Owner Qualifications:

Some sort of food manufacturing background, especially with marketing and distribution, would be advised. The business would be ideal for an already established manufacturer looking to add a product line.

Competition:

There are similar manufacturers across the country but it is still mostly a fragmented and local industry.

Potential Growth:

Penetration into bigger local retailers, adjoining area and eventually national.