Issue link: http://deals.uberflip.com/i/1533898
Specialty Packaged Food Company and Local Market #67083 BUSINESS HIGHLIGHTS Founded in the 1930's, this Company is a specialty food company that manufactures and distributes many packaged food products from its facility, where the Company also operates a market selling many locally-made specialty food products. The Company is well known across the state for its loyalty to local producers and willingness to learn about and support small vendors across the state. The Company manufactures many food items in-house, including many varie es of pimento cheese and fudge, and also makes its own chicken salad, macaroni salad, ham salad, many varie es of coleslaw, chili, and liver pudding for sale at the retail loca on along with their meat market. The Company's homemade pimento cheese is a staple across their area accoun ng for approximately 95% of wholesale revenues. INVESTMENT BANK OF THE YEAR 2016 - 2017 - 2018 DISCLAIMER: All informa on contained in this document has been provided by the subject company to Genera onal Equity and while believed to be correct has not been verified. Accordingly, Genera onal Equity makes no representa ons or warran es as to the accuracy and truthfulness of such informa on. The recipient hereof acknowledges that Genera onal Equity shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by Genera- onal Equity of this document. At all mes Genera onal Equity and/or its affiliate network members are agents for the seller and not for the buyer. Genera onal Equity's fees are paid by the seller. INVESTMENT APPEAL Established Local Presence: The Company benefits from its convenient loca on, where the store has been located for 85 years. Local residents know and love the store, and shoppers recognizes the Company's pimento cheese on store shelves across the region. Strong Customer Rela onships: The Company has built a reputa on for providing specialty foods with the highest a en on to customer detail. The customer base is loyal, which allows the Company to save marke ng costs that compe tors must foot, both in acquiring new customers and in obtaining repeat business from exis ng customers. Outstanding Growth Opportuni es: There exist several opportuni es for the store to significantly increase revenue and profit, including introducing a USDA kitchen to the store and expanding distribu on to widen the Company's reach across other local markets. These opportuni es are easily a ainable given the appropriate capital investments and compliance with regula ons. Strong Supplier Rela onships: The Company has long-term rela onships with the vendor base. All of the store's suppliers are local, making for easy procurement of goods, and they are known for a strong loyalty to their local producers . Genera onal Equity 11220 Elm Lane Suite 200 Charlo e, NC 28277 SIGN NDA ► REVENUE / SDE $1.4M $180K EXPERIENCED TEAM Manufacturing (4FT) Distribu on (3FT) Retail (3FT) REPEAT BUSINESS RATE 2023: 85% 2023 REVENUE (PROJ) 2023 SDE (PROJ) This Offering is Pre- Qualified for SBA Financing. Click here to learn more Genell Boyer Senior M&A Advisor E. gboyer@genera onal.com P. 336-486-7383 REVENUE SOURCES PRODUCT SAMPLE $1.3M $137K 2022 REVENUE 2022 SDE