For more than 40 years, this Company has formulated and manufactured hundreds of products. For the last 25 years, it has served the specialty food market with products focused on obesity, diabetes, and heart-healthy living. It was the largest supplier to the Atkins Diet when Dr. Atkins was alive, formulating and producing unique low carb products. The Company continues to be the leading producer of low carb food items. In 2012, 29.1 million Americans had diabetes and over one-third of all adults in the U.S are obese. Both diabetes and obesity continue to increase. The common factor? Refined sugars in their diets. The Company sells almost 200 exclusive food products that have no refined sugars, yet satisfy the cravings for sugar. Given the need to reverse the tide, the Company's is very well-positioned for outstanding growth. The Company’s assets include the proprietary formulas, trademarks, and the equipment necessary to continue and grow the markets for these products. Many of the formulas are suitable for licensing to others to increase the return on these assets. The Company has a strong distributor network and has also developed and produced privately-labeled products for major resellers. The Company has many long-term repeat customers, including over 10,000 retail customers who have bought from them in the last two years over the Internet. The Company recently started producing and packaging food products developed by other manufacturers (“Co-packing”). This part of the company is showing particular potential for growth as smaller manufacturers often cannot afford to build out a facility of their own to FDA specifications. For fiscal year ending January, 2015, The Company's sales topped one million and gross profit exceeded 50%. Given the potential market for their existing products, and their well-established position in the market, the potential for growth is substantial. Please refer to Listing #7951PT
Asking Price $560,000
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