Description

Local N Dallas candy manufacturer has depleted their operating capital and lost some of its larger customers. As a result, the revenues have slumped from $266K in 2013 to just $150K in 2015. The owners believe their candy is superior to their competitors but they do not have the operating capital to continue marketing or distributing the product without investor intervention. Current assets include a dozen candy recipes, furniture, fixtures and equipment of approximately $50,000. The two sellers are willing to continue working for the successful investor. Sellers are seeking an investor/buyer who has expertise in turnaround businesses and who have had prior experience in candy manufacturing.

Posted Jul 26, 2016

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