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Spring Water Bottling Company
Additional Details
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VR
Business Sales
Mergers & Acquisitions
1518 Legacy Drive, Suite 102
Frisco, TX 75034
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http://www.vrpbg.com
214-387-9395
877-745-7776
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Primary Industry
K0800
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MANUFACTURING |
Category |
CONSUMER PRODUCTS |
| Business Description |
Spring Water Bottling Company |
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Organizational Form |
Corporation |
| General Location |
Maine |
| Selling Price |
$895,000 |
Down Payment |
$895,000 |
| Annual Revenues |
$262,957 |
Discretionary Earnings |
$118,634 |
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Seasonal? N Can
Relocate? N Home Based? N Absentee
Owner? N Franchise? N
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Days and Hours
of Operation |
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Year Established |
1990 |
| Years Owned |
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| Full-Time Employees |
4 |
Part Time |
Managers |
Executive Summary
Our client bottles all-natural water from a 500-foot well that taps
the spring fed aquifers deep in the bedrock. They are licensed in the
state of Maine, and have made a commitment to provide the most
reliable service and products to thier consumers. They currently
deliver to central Maine, but there is potential to expand. This
bottling company uses top-of-the-line software, with remote access
that allows office/delivery management from a home office, the plant,
or anywhere there is a phone line. $20,000 (monthly average) in
receivables is included in sale price.
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Assets (Y=Included / N=Not
Included / A=Available)
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| Accounts Receivable |
N |
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Licenses |
N |
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| Inventory |
N |
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Type of License |
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| L/H Improvements |
N |
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Other Assets |
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| Furniture / Equipment |
N |
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| Real Estate |
N |
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Total Assets |
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$
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Financial Information
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Year and Source |
2008 |
P/L Statement |
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| Gross Revenues |
$262,957
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| Cost of Goods Sold |
$4,354
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| Gross Profit |
$258,603
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| Payroll |
$58,565
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| Expenses |
$170,005
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| Net Profit (before taxes) |
$30,033
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Depreciation/Amortization |
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| Interest |
$6,514
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| Owner Salary |
$32,565
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| Fringe Benefits |
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| Other |
Rent/Contributions
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$35,301
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| Other |
Office & Auto Repairs
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$6,714
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| Other |
Fuel/ Plant Repairs
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$7,507
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| Seller's Discretionary Cash |
$118,634
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Marketing Information
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| Strengths & Opportunities |
This company has been in business 18+ years, supplying
excellent product and customer service, and the competition is limited.
This location is located near a major highway, which makes deliveries
easy. An aggressive sales force could obtain more market share and
expand the areas serviced. Company could also add coffee service or
other products for back end sales. Currently only delivering 3 days a
week, so with more delivery trucks, there is plenty of time for
additional customers. |
| Area, Facilities & Equipment |
Owner owns the facilities and the spring, and is included
in asking price. Property consists of a 40x70 metal building with
loading dock. This building houses the bottling area, storage for
product ready to ship, office area and bathroom. The building has
additional storage space on the 2nd floor, and an additional garage.
This facility is close to a major highway which makes it great for
deliveries. |
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Information contained herein has been provided by the seller. Broker
has not and will not verify the accuracy or completeness of any
information. Purchasers are advised to consult with their legal and
financial advisors to the extent they deem necessary.
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