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Ultra-Premium Ice Cream Company for Sale

The company was founded in 2005 and headquartered in Pasadena, California, produces the only country-specific, ultra-premium ice cream in the market. This firm's products are sold in over 400 stores spanning California, Arizona, Texas, Colorado, New York, and several states in the Southeast. Company's products have received critical acclaim from food reviewers and favorable commentaries have appeared in The New York Times, the Wine Spectator and on the Food Channel. Food critics have given this company high marks for these unique dense and creamy products.

The shareholders of the firm have decided to arrange a private placement with a strategic partner who will commit a minimum of $5 million to adequately capitalize the company in order to achieve its market and growth potential.

The proposed acquisition is unique: A strategic partner is sought that will essentially take the business and build on the foundation that has been constructed by its team. Management has prepared a plan that shows that an equity investment of a minimum $5 million, all going into the company for working capital, promotion, advertising and marketing, could grow sales to $13+ million in 3 years. The shareholders are seeking no consideration at this point and a few have expressed an interest to co-invest with a strategic company/partner that proposes the strongest development plans for the company. The existing shareholders will be satisfied with a liquidity event at a later time and will be heavily diluted at this point.

We believe that this unique ice cream should be acquired by a premium chocolate, premium coffee retailer, specialty frozen dessert/cakes/pies or other frozen novelty food products company.