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- RE: Peanut Company In Virginia
- Contact: Gavin Raphael
Quick Facts
Asking Price: | $2,100,000 | |
Annual Revenue: | $2,000,000 | |
Net Profit: | $440,000 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | $125,000 | |
Real Estate: | $750,000 | |
Year Established: | Not Disclosed | |
Employees: | 10 | |
BBN Listing #: | 988979 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Light & Raphael is pleased to offer a peanut retailer and wholesaler for sale in Virginia. It is largely absentee-run. Revenues have grown over the last few years. There is some seasonality to the sales cycle with roughly 40% of sales occurring during the last three months of the year as the holiday season comes into play. The company does very little SEO or Google AdWords which could be beneficial to a buyer.
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Property Features and Assets:
Real estate is worth roughly $750,000 and is included in the sales price.Â
Market Competition and Expansion:
The market for peanuts is projected to grow in the future due to changes in customer consumption patterns, as plant-based protein is gaining popularity instead of meat-based protein. With people becoming more interested in healthy eating, peanuts are anticipated to become an important source of unsaturated fats, fiber, proteins, vitamins, and minerals.
Reason for Selling:
Owner wishes to retireAdditional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Virginia businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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