Hot Listing

Established Candy Manufacturing /Retail Business....New Price!!!

Asking Price$2,500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,400,000

InventoryNot Disclosed

FF&E$500,000
Included in asking price
Real Estate$1,900,000
Included in asking price
Factory Assembly with enrober
Flagship Store
Exterior Factory
Interior Soda Fountain/Retail Store
Factory Kitchen
Factory Assembly with melters
Factory Assembly with enrober
Flagship Store
Save1/6
Hot Listing

Established Candy Manufacturing /Retail Business....New Price!!!


Asking Price$2,500,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue$1,400,000

InventoryNot Disclosed

FF&E$500,000
Included in asking price
Real Estate$1,900,000
Included in asking price

Seller Financing Available
Business Description
For Sale-Price Reduced!!
Well established, 95 year old, light manufacturing, confectionary wholesale food business and real estate located in North Buffalo NY with 3 additional leased retail outlets.
Historic income producing, mixed use building with parking and adjacent 2 story 10,000 sq ft manufacturing facility totaling 19,000 sq ft included in sale.
Retiring owner will train new operator.
Great regional name recognition.
Excellent upside potential!!
About the Business
Years in Operation
96
Employees
30
Facilities & Assets
Two story, historic brick manufacturing building in excellent condition with all classic manufacturing equipment necessary to continue to conduct business along with a two story income producing mixed use building with 2 second floor apartments and 2 offices along with a historic, fully restored retail soda fountain/candy store on the first floor along with an income producing first floor storefront all totaling approximately 19,000 sq ft.
Off street parking.
Three additional leased retail outlets included.
Market Outlook / Competition
Few competitors for boutique/specialized quality chocolate candy/lollipop manufacturers with retail in Western NY market with ability to easily increase internet presence and national sales.
Flagship classic, restored soda fountain business and store potential can be easily increased with minimal effort. Great location in the University of Buffalo district. Factory and income property are in excellent condition. Manufacturing can be increased with additional shifts and employees.
Regionally recognized brand.
Opportunities for Growth
Parkside Candies is well established local name with excellent reputation for quality confectionary products. Only lollipop manufacturer in the Buffalo NY market with growth potential. Parkside is known for local favorite "sponge candy" and chocolates. Older manufacturing equipment is meticulously maintained on a daily basis.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
19,000
About the Sale
Seller Motivation
Owner retiring
Transition Support
Hands on training for 6 months in to educate in every aspect of manufacturing and retail business or for any mutually agreed upon reasonable time.
Listing Info
ID
2166195
Listing Views
13031
Attached DocumentsAttachment Disclaimer

3208_Main_StFlyer_Parkside_Candies_1_1_1_1_1_1_1_.pdf

Business Location

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Business Listed by: alan hastings

Listing ID: 2166195 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.