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Vegetable Processing Company Investment Opportunity in Puerto Plata, Dominican Republic

Business that produces cocoa related products with a production capacity of 170K pounds/year, seeks investment.

Established 1-5 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 7:31 AM Etc / GMT+6
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 150 thousand for 25.0% stake (Native Currency: USD 150,000)
Reason: Funds are required to purchase dehydration equipment along with water purification system, wash tube... View More
Includes physical assets worth USD 235 thousand
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Business Name
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User Verification
Documents
Business Overview
- Our company is engaged in the production of cocoa-related products, and cocoa nibs. We also plan to start the processing of gummies, dehydrated fruits, and vegetables.
- 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.
Products & Services Overview
Cacao beans, cocoa related products, gummies, organic bananas, dehydrated fruits and vegetables.
Assets Overview
Forklift, generator, electrical switching, compressor, cacao roaster, winnower, de stoner, seed cleaner, 7.5 HP cyclone and 2.5 HP cyclone, freezer, shelfing, scale, sewing machine, and furniture.
Facilities Overview
17,500 sq. ft of space with approximately 1,500 sq. ft in office space and the remaining sq. ft. area in the warehouse and production space. Two story office space. Rent is $2,650 per month which will go up to $3,000 per month starting next year. Beautiful facility that has been completely built out with a secondary entrance.
Capitalization Overview
Not Disclosed
Recent Activity
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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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