Indulge in the sweet success of a well-established confectionery business specializing in premium, handcrafted caramel treats. Founded in 2005, this company has mastered the art of creating delectable, velvety caramels using traditional methods in copper kettles and fresh, local ingredients. Over the years, it has grown from offering just two caramel varieties and an almond nougat to a diverse lineup featuring 15 caramel flavors, including three organic, dairy-free vegan options, and a range of brittles. The company also offers a line of vegan caramel sauces for food service clients, catering to a variety of tastes and dietary needs.

The business is known for its strong client relationships, including long-term partnerships with gifting companies, restaurants, retailers, and vegan establishments. Notable clients include a national candy company and various local businesses, with a solid and diversified client base providing ample opportunities for continued growth. The company also excels in private labeling and contract manufacturing, offering custom packaging and production services for other brands, which has further expanded its market reach.

Currently experiencing impressive growth, the company is projected to achieve revenues of over $1 million by the end of 2024, with a significant increase in cash flow compared to the previous year. With a dedicated team, including one full-time and six part-time employees, the business is well-positioned for future success. The sale includes all essential assets, valued at approximately $70,615, as well as inventory and the company’s trademark. A transition period with the seller will ensure a smooth handover. This is a unique opportunity to acquire a thriving confectionery business with a rich history and promising future.

Total Sales: $1,083,567

Cash Flow: $321,076

FFE: $85,920

FFE Included: Yes

Inventory: $70,615

Inventory Included: No

Year Established: 2005

Employees: 6

Type of Location: Salt Lake City, UT

Reason For Sale:

Retirement

Training & Support:

3-4 months support

Competition:

The business benefits from a well-established reputation for quality with a loyal client base, including prominent local and national companies. With diverse product lines, including unique offerings like vegan caramels and a growing presence in the food service sector, it demonstrates robust market adaptability. Additionally, the company's impressive growth trajectory, with a 41.32% increase in projected revenue and a 73.24% rise in cash flow, highlights its strong financial health and potential for continued success.

Potential Growth:

Expanding a successful confectionery business like this one offers significant opportunities for increased revenue and market presence. The strong, stable client list and growing sales figures suggest a solid foundation for scaling operations, particularly with existing high-demand products like the vegan caramel sauce and private-label offerings. Moreover, with a robust client base and diverse product lines, the business is well-positioned to attract new markets and leverage its reputation for high-quality, natural ingredients.