“Very skillful in overcoming unexpected challenges.”

Zuhair Qazi
President, Sober Clarity


“Vasilis worked tirelessly to maximize the price of my business and helped protect my interest. ”

Robert Gutierrez
CEO, Brightstar Care Thousand Oaks


“CrossRoads accomplished what two other Brokers before couldn’t. Very professional and skilled in negotiations.”

Jeffrey B. Meltzer
President, Universal Hardwood


“Confidence without ego. impressive knowledge and diverse experience. Solid results quickly.”

Steve Traino
President, Candy Direct, Inc.


“Professional and efficient services with timely information flow.”

George Koutures
President, AMBCO Electronics, Inc.


“An unmatched ability to forge a solid alliance between the parties in a win-win approach.”

Dov Lazarus
President, One Stop Undercar


“Highest professional standards in positioning and promoting the sale of my business.”

Jason Moore
President, Alexis Services, Inc.


“In my 30 years in Commercial Banking, CrossRoads ranks among the best.”

Barry Katz
Vice President, SBA Lending Community Bank


“Finding a Buyer for my size business was like finding a needle in a haystack. CrossRoads did it!”

Tafa Jefferson
CEO Amada Senior Care


“Solid selling process that produced results in a tough market. Highly recommended.”

Kitty Meyers
Owner, Synergy HomeCare Inland Empire


“If there are Buyers out there, the CrossRoads process will find them. They did for my business.”

Dan Goodman
CEO, Eilatan, Inc.


“CrossRoads did an impressive job representing my business. They actually do what they say they will!”

Jack Winn
Owner, Jack Winn Salon


“If you are looking to sell your business, Vasilis Georgiou is the choice: The right knowledge and temperament that get results”

Nayda Poblete
President, Home Instead Costa Mesa


“Very efficient and detail oriented approach. CrossRoads made the transaction smooth and handled every step.”

Lolita L. Cruz
Owner, Comfort Keepers Laguna Niguel


“The service went above and beyond. Made the process stress free”

Kelleen Corfield
Buyer, Comfort Keepers Laguna Niguel


“Smooth sales process and transition. CrossRoads’ extensive knowledge and experience was a great help!”

Jim and Yuko Fletcher
Owners, Home Helpers Senior Care, Laguna Hills, CA


“Mr. Georgiou’s professionalism and calm encouragement made all the difference in the world!”

Kelly Dunn & Nancy Bever
Owners, Caring Matters Home Care


“Thank you for all your diligence and hard work! It would not have happened without you!”

Denis Royer
President, Carpet Club


“Informative, honest, steady, professional, and always supportive. Great Guide.”

Mary and Larry Farmer
Owners, Right at Home of Albuquerque


“Diligent, obviously very experienced. Results-oriented.”

Bruce Sobol
CEO, Brentwood Electrical Contractors


“Vasilis and CrossRoads earned my respect and appreciation and I would recommend him to anyone looking for a Business Broker.”

Dane Gibson
Owner, Amada Senior Care of Roseville


“I'm grateful to have found CrossRoads, and I recommend them wholeheartedly.”

Remy C. Rippens
Owner, Clavel Home Care


“Vasilis Georgiou was the ultimate professional throughout the sale of my business. A+ rating for CrossRoads. And I mean it. :)”

Carol Boettcher
Co-Owner, SpeakerPower, Inc


“Vasilis is a Master of the business sale process. He earned his fee many times over. Best move I could have made.”

Brian Oppegaard
Co-Owner, SpeakerPower, Inc.


“Vasilis “talked me off the ledge” several times along the way with his graceful support. I happily recommend him to anyone who wants to sell their business."

Doug Garrett
President and CEO of Garrett Engineers, Inc.


“We highly recommend CrossRoads and Vasilis. You need an experienced and knowledgeable person to guide you and Vasilis Georgiou is that person!"

Bill and Donna Hoover
Owners, Care4You In Home Care


“CrossRoads made the process very comfortable for us despite making a decision of enormous importance."

Jeff and Reem Hufnagel
HWC Yorba Linda


“CrossRoads worked with efficiency and professionalism and I would highly recommend their service."

Scott Kaeser
EVP, UAS, Buyer of CitiGlobal


“Trustworthy, patient, and responsive. We highly recommend CrossRoads."

Michael and Lori Renaud
Acti-Kare


“CrossRoads is an amazing resource. Highly trusted in complicated situations."

Tarun Bhardwaj
Buyer, Acti-Kare


“Produced results very efficiently and timely. We highly recommend CrossRoads."

Tim Hatamian, CEO
Pacific Lighting & Energy Mgmt. Co.


“I wholeheartedly endorse and recommend Crossroads Business Brokers as the go to brokerage professionals."

Michael S. Robirds, Owner
Amada Senior Care


“Your deal process and handling of the transaction was top rated."

Peter Chen, CEO
EJK Products


“You have been fantastic to work with and I’d recommend you to anyone looking to buy or sell."

James Cote & Patrick Vollmer, Principals
Alternative Molding Concepts


“Thorough and made the experience easy. You were there anytime we needed you."

Bob Purkiss, President
Visiting Angels Lindsay, CA

Branded Baked Goods Manufacturer in S CA

Southern, CA

Price: $3,000,000

Cash Flow: $433,000

Total Sales: $6,670,000

EBITDA: $333,000

FFE: $1,140,000

Inventory: $500,000

Year Established: 2005

DESCRIPTION:

This high-quality baked goods manufacturing company has been baking family recipes for generations, making unique products positioned as higher quality, yet value brand in the marketplace.  The business is seeking a strategic merger or acquisition to strengthen its channel access and scalability.

The business holds multiple certifications such as, Costco Supplier Assurance, and Gluten Free (GFCO).

This is a growth opportunity that would allow a strategic partner to realize significant and immediate efficiencies and scale.  The opportunity comes with significant assets in the form of inventory, equipment, and IP, as well as a significant pipeline of client revenue in diverse distribution channels.

The business operates a recently upgraded, combined 33,000 SF state-of-the-art food processing facility and distribution center. The facility is capable of accommodating contract baking opportunities that allow other baking companies to grow sales and compete in the ever-changing food specialty marketplace.  The facility has five Double Rack Ovens. Several Depositors and Cutters allow for the production of Nozzle Squirted, Extruded, and Wire Cut baked goods.

Operations are semi-automated, enabling the company to provide, both a branded and capacity opportunity as the company currently operates 1 shift/5 days a week.  The business operates with a solid team of Managers for quality assurance, logistics, and production.  Part of the growth plan as well as planned expansion includes new products, leveraging opportunities in branded, co-packing and private label.  A strategic partner could realize significant and immediate efficiencies gained by merging management expertise and building on combined scale. 

Current sales distribution is through direct sales to distributors such as DPI, Kehe, GFI, and other smaller distributors, Direct to Consumer (via the website), and some specialty stores.   The company also has an agreement to sell directly with some large national chains such as TJ Max, Ross, and Tuesday Morning. 

The Cookie, Cracker and Pasta Production industry experiences stable demand for its products as they are well- established as part of the diets of consumers, although changing trends have prompted operators to innovate new products in recent years. However, diets that cut out carbohydrates and wheat-based goods have stifled industry growth significantly. Conversely, the rise of popular cooking TV shows and other content have made younger generations increasingly purchase their own pasta, baking mixes and dough to prepare meals and desserts at home. Although increasing disposable income during the five-year period to 2022 has enabled consumers to upgrade to more premium brands and varieties, it has also enabled consumers to purchase a broader range of alternative products.

The industry is expected to continue to grow over the five years to 2027, with revenue anticipated to increase at an annualized rate of 0.2% to $26.7 billion. Rising discretionary income is expected to enable consumers to purchase a greater volume of snacks and trade up to branded and premium products at retail stores. In addition, as health and nutrition become more important for customers, demand for specialty products, such as gluten-free, organic and nutrient-enhanced foods, is expected to rise and support operators' growth. Increasing demand for specialty products abroad will likely boost demand for industry exports over the next five years, further supporting revenue growth.

Detailed Information

Certifications:  SQF Level 2 food safety, Costco Supplier Assurance, and Gluten Free (GFCO).

Working Capital target Included in price: 633K

LISTING DETAILS:
Total Sales: $6,670,000
Cash Flow: $433,000
EBITDA: $333,000
FFE: $1,140,000
FFE Included: Yes
Inventory: $500,000
Inventory Included: Yes
Reason For Sale:

Retirement

Training & Support:

Excellent

OPERATION:
Year Established: 2005
LOCATION:
Square Footage: 33,000
SUMMARY:
Potential Growth:

Excellent growth

For more information on this listing, please complete our Non-Disclosure Agreement
CONTACT DEAL OWNER

Vasilis Georgiou

Phone: 949-753-2825
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