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Ice Cream Company on Caribbean Paradise - US$1m

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Location

  • Country Other Caribbean & Central America
  • World RegionCaribbean & Central America

Relocatable

Financials

  • Asking Price
  • Sales
  • Profits
  • Profit Type
  • Fiscal Year

Deal Terms

  • Business Is A Franchise?
  • Finders Fee Payable by Buyer?
  • Seller Financing Available?
  • Principals Only?
  • Management Will Stay?
  • Willing To Co-Broker?

MUST SELL by December 31st 2007

European ice cream company (manufactuer and distributor -- wholesale and retail -- located on Caribbean island paradise is avaialble for US$1million (the two owners reduced summer'07 asking price 50%, from US$2million because they need to retire and for health reasons).

The company is fully operational, established in marketplace and sells through retail outlets (shopping malls and franchises), restaurants, hotels and the largest two supermarket chains. Significant growth potential still! There are 24 employees, a fleet of vehicles and portable ice cream carts for private parties, store or bank grand openings etc.

BENEFITS OF OWNERSHIP :
(1) government financing and generous country subsidies

(2) company ready to go public on Caribbean stock exchange in 3 years

(3) favorable environment - low taxes, low labor wages, low utility bills

(4) government vendor supply contracts available (schools, hospitals, prisons, government facilities)

(5) organization in place to export to rest of Caribbean and Latin America

(6) successful local general manager/sales rep. will stay on (European trained CEO)

(7) city center factory and office building (currently leased from owners) available for sale (great profit potential in growing real estate market)

(8) Caribbean island dual-citizenship available for new owner & his/her family

(9) generous and flexible bank credit-line in place

(10) owners willing to provide 50% financing to the right buyer

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