Manufacturer of Branded Food Product

A manufacturer of a branded food product is for sale. This brand name dates back over 100 years. This business is run part time by the current owner. A new owner can continue to run this business part time or dedicate a full time effort and increase the revenues. The company subcontracts the manufacturing of this product and sells the various lines to wholesalers who distribute the products nationally to supermarkets. This is a sales business. The role of the owner is to work with the wholesalers to add product to more outlets and to add more product lines to existing accounts. The business has been pre-approved for an SBA loan for a qualified buyer with $174,000 as a down payment. Based on historical information the new owner would make $165,000 in the first year after paying back the yearly loan.