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Boutique Candy Manufacturer Ready For Growth For Sale

British Columbia, Canada
Asking Price:
$95,000 (CAD)
Sales Revenue:
$229,881 (CAD)
Cash Flow:
$77,489 (CAD)

Founded in 2015, this business is a boutique, small-batch candy manufacturer with a unique value proposition - its multiple lines of candies are organic, nut-free, gluten-free, and made with no artificial colours or flavours.

This focus has differentiated it from its peers and received rave customer reviews. The result? The business currently operates at max capacity and has seen online sales grow by 1,005% in 2 years and wholesale sales grow by 55% since 2020.

Contributing to this growth is an overall shift of consumer preferences for clean ingredients, a demand to support Canadian-made products and the growth of the food gifting market. A local example of the food gift growth and industry exit potential is the success story of Saxon Chocolates which was acquired by Tricor Founders in 2017.

The business earns revenue by selling to over 150 retailers across Canada, direct to consumers (e-commerce), and manufacturing a variety of products such as organic caramels, gumdrops, and marshmallows (and more). The business has differentiated itself by creating eye-catching packaging and flavours that appeal to adults, which has positioned it as a premium luxury brand that makes for a great gift.

NOTE: To access more information, please click the NDA link in the website field.

Property Information

Real Estate:

Lease

Premises Details:

The business is a boutique operation where everything is handcrafted, hand-cut, hand-wrapped, hand-packaged in a “micro-factory” - a 367 s/f kitchen currently.

Although little specialty equipment is required, space to cure, cut and wrap are at a premium in its current facility - suggesting that a buyer relocate production to a larger production facility.

Business Operation

Expansion Potential:

Strong Social Following

The business has a strong following on Instagram which supports its strong growth of online sales which have increased 1,050% since 2018.
The business has also benefitted from being featured in local magazines and media channels due to its focus on healthy candy. Further investing in PR/media is an opportunity for a new owner.
Existing Distribution

The business has agreements in place with over 150 retailers from coast to coast.
Differentiated Value Proposition

Products are organic, nut-free, gluten-free, and made with no artificial colors or flavors. All products are made in Canada.

Reasons for selling:

After owning the operating the business for many years, the Founder is ready to pass the torch of this sweet operation to a new owner.

In the Founder's opinion, an ideal buyer for this business possess one of the following characteristics:

A person/company with an existing manufacturing facility looking for an additional revenue stream.
An individual seeking a new opportunity with the capital and know-how to retain/build out a kitchen facility to meet the business's growing customer demand.

Other Information

Website:
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Relocatable:
This business can be relocated.

Contact Paratus Business Resources Ltd.

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