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Chocolate/ Lifestyle Brand 17k Followers $43k Kickstarter For Sale

North Shore, Massachusetts
Freehold Price:
Under $100K
Lease Asking Price:
Under $100K
Sales Revenue:
$100K - $250K
Cash Flow:
Under $50K

COMPLETE BUSINESS & SALES PACKAGE W/ FINANCIALS AVAILABLE UPON REQUEST

* Launched out of my dorm room in 2010 using my grandfather's peppermint patty recipe
* Maintained as a holiday hobby while building a career in the commercial RE industry
* Took chocolate co. year-round after receiving my MBA in 2015; left corporate world in Jan. 2017
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* Raised $43k on Kickstarter in March 2016
* 17k followers on Instagram; 1k on Facebook - currently using a freelance social-media strategist who runs our pages/content
* Company featured in the Boston Globe, Improper Bostonian, Boston Magazine, Metro Boston; current interest from NBC News; nominated twice by Northshore Magazine for "Best of North Shore"
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* Major focus on hotels/corporate customers (have worked with top companies such as Bain Capital, Spotify; used as member guest gifts at top hotels in Boston). Fully-customized product options draw big orders from wedding/event planners.
* Major interest from medical cannabis companies to be used as edibles; have not yet explored
* Currently using as a philanthropic driver, donating a $1.00 for every box sold to charity efforts

NOTE: Willing to stay on-call for up to a year for a smooth transition of logistics

Property information

Real Estate:

Available as lease or with real property included

Lease Terms:

Does not need to be part of sale; 1-year into 3-year lease, no official contract signed, expansion/sublease options, Landlord very open/laid back

Lease Rent:
$10 per sq ft per annum
Location:

North Shore, MA; relocatable

Premises Details:

Leased Factory (does not need to be part of sale): 1,200 SF in industrial park, $10/SF/month, expansion/sublease options

Business Operation

Expansion Potential:

Hotels, corporate, edible cannabis industry

Competition / Market:

“Taste is diverging, as fast-growing economies and empowered consumers demand more from their products. For industry stalwarts, the requirement to offer local, highly-tailored and increasingly diverse products represents a serious threat to market share.” (KPMG Market Report); WE ARE THAT THREAT.

Reasons for selling:

This company was a side hobby that got too big too fast - chocolate was never the passion. I'm ready to get back to the things more meant for my soul. After giving this company and other projects 100+ hours a week of my time for the last few years, I'm a bit burnt out as well. I don't doubt the future success of this company for a second.

Employees:
1 Part-time; Myself (100-110 hours a week); need more employees to maintain current flow
Years established:
Started in 2010; Legally established in 2013; Launched year-round 2015

Other Information

Support & training:

Willing to stay on-call to assist; will stay on for up to 3 months to train; This company has major potential - I would love to do my part in helping see that through during the transition.

Financing available:

Open to discussion

Website:
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Lease asking price:
Under $100K
Relocatable:
This business can be relocated.

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