Vegetable Processing Company Investment Opportunity in Puerto Plata, Dominican Republic
Established | 5-10 year(s) |
Employees | 5 - 10 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | USD 10 - 20 thousand |
Run Rate Sales | USD 12 thousand |
EBITDA Margin | 20 - 30 % |
Industries | Chocolate and Confectionery + 1 more |
Locations | Puerto Plata |
Local Time | 5:42 PM Etc / GMT+6 |
Listed By | Business Owner / Director |
Status | Moderately Active |
- We have a network of 4 suppliers for cocoa beans which are used as a raw material for our cocoa-related products.
- On average, we have our production capacity of manufacturing 170K pounds per year of cocoa nibs and cocoa products.
- Currently, we have 8 to 10 customers for our products.
- Business has no liabilities and is run by 2 owners who own a 50% stake each in the company.
- The promoter's hometown is in Utah but the business is located and operating in Puerto Plata currently, the promoter is managing the business in Puerto Plata.
- The facility is a full turnkey cocoa production plant with electricity and with an organic certification.
- Covid-19 shut down the facility for some time but we are operating now, the facility is located in the free zone which means no corporate, municipal taxes, customs, or tariff charges.
- There are already established cocoa customers and a co-pack company that wants us to provide them with 5,000 pounds of dehydrated bananas, and 5,000 pounds of dehydrated coconut each month. In addition to this, they are interested in 30,000 pounds of pumpkin, 30,000 pounds of sweet potatoes, and 30,000 pounds of carrots annually. There are additional companies interested in dehydrated fruits and vegetables and many more opportunities to market to both the US and Europe.
- Currently, a company wishes us to make fruit flavoured gummies for them. Over the past 12 years, we have established relationships with suppliers.
- The labor costs are very low with the minimum wage at just under $2.50 per hour.
- The promoter has over 37 years of international business experience and has hired and trained excellent workers.
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Earlier than 15 daysDirector, Transportation, Chicago, Individual Investor / Buyer connected with the Business
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Earlier than 15 daysBusiness Development Manager, Real Estate, Panjim, Corporate Investor / Buyer connected with the Business
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Earlier than 15 daysManager, Technology, Santo Domingo, Individual Investor / Buyer connected with the Business