The retiring owner of this business founded it over 20 years ago. The company has specialized equipment and competes in a very limited market. Their chocolate products include dessert cups, shavings, decor curls and decorations. Products are sold through a network of gourmet food distributors, grocery store chains, bakery products distributors and industrial bakeries throughout North America and Europe. These customers in turn sell to high end restaurants, hotels, country clubs, caterers, cruise lines, consumer and industrial bakeries and grocery in-store bakeries. Sales have been increasing 20% or more per year including the current year. The plant is currently being expanded to accomodate growth. Sales in North America have grown from just under $4M in 2005 to $4.6M in 2006, $5.2M in 2007, $5.9M in 2008 and over $7M in 2009. Sales to Europe have rapidly increased to over $1M. This company has clean books and records. Cash Flow in 2009 is @ $1.8 Million and is expected to exceed $2 Million in 2010 with a sharp increase in sales. The Seller owns the real estate (approx. $2M value) and has a preference to sell the real estate and business together. The asking price of the business is $9M plus the real estate with Seller retaining his cash and net receivables. For additional information, contact the listing broker, Bill Law at bill@biz-sold.com or 904-819-6930 x 12 Principals Only and No Buyer Reps - No Exceptions