Production of confectionery products with customers throughout Slovakia

Banskobystrický region, Slovakia

listing nr.: 230005

Photo is illustrative
Valuation 750 000 €
Net debtNet debt is an indicator of a company's indebtedness. It is expressed as the amount of the interest-bearing loan minus the cash in the company.
249 000 €
Revenues Revenues express the total annual volume of the company's performance, which the company obtained through the sale of goods and services during the accounting period.
961 000 €
HistoryDuration of business operation.
14 years
EBITDA EBITDA is a financial indicator of the company's operational performance. Annual EBITDA is expressed as earnings before interest, taxes and depreciation in a given year.
130 000 €
EmployeesThe number of employees employed in the company on a permanent employment contract as of the date of publication of the offer.
42

Basic information

The subject of sale is a 100% share in a company operating an established confectionery production. The company has been operating in this business for more than 11 years, and during that time it has become one of the strongest players in the field of suppliers of confectionery and desserts. The company is headquartered in southern Slovakia, but it delivers products to customers throughout Slovakia through its own delivery service. The company’s products include mainly cakes, desserts, macaroons, strudels, cheesecakes and tarts.

The company currently supplies its products to more than70 customers, to more than 200 establishments. A typical customer of the company is a confectionery or food retail chain. The company supplies to about 100 establishments on a long-term basis, based on regular deliveries.

The company is financially sound and generates stable profit. Given that the company is registered as a social enterprise, a large part of the wages paid are covered by subsidies, which is a huge competitive advantage for the company. Subsidies are able to cover up to 200-300 thousand EUR per year of wage costs.

Production takes place in its own premises in a smaller village in southern Slovakia. These premises house the company’s administrative and production premises with state-of-the-art equipment and technology. The building was built in 2007, the premises are modern and adapted to confectionery production. It draws electricity partly from the installed PV panels on the building. In addition to this building, the company also uses a small warehouse space of 90 m², which the company rents.

The company currently employs 42 employees, a large part of whom have worked for the company for a long time and are experienced workers. However, according to the owner, if the company intends to expand its product portfolio, it would be necessary to strengthen the team with a capable confectioner. The owner only focuses on supervision and strategy in the company, and currently does not devote more than 20 hours of time to the company per week.

The company is in very good shape, in 2024 it launched a project to expand into the retail sector, when it opened 3 of its own stores, with an investment of approximately 110 thousand EUR, which was also reflected in the growth in turnover, which, together with income from subsidies, reached almost 1 million EUR. The number of employees has also increased. For 2025, the company expects turnover, including subsidies, of approximately EUR 1.4 million and annual EBITDA of approximately EUR 200,000. By the end of the year, the company plans to open additional operations, so turnover could be slightly higher.

The owner is only selling the company due to time constraints and the inability to fully devote himself to the company. Therefore, he would like to hand over the company to an interested party who will have the opportunity to further develop it and fully utilize its potential. The company is ideal for both an individual investor who is interested in doing business in the food industry and utilizing the potential of established production, or a strategic investor who will utilize the capacity of already established production and customer network.

 

Tangible assets

  • confectionery equipment
  • work tables, rotary ovens
  • gastro refrigerators, shockers
  • gastro dishwasher, cookers
  • dressing machine, coating machines
  • gastro scales, mixers, blenders
  • photovoltaic power plant
  • foodtruck – Ford Transit
  • 2x passenger car and 5x van
  • tangible assets are estimated at approximately 350 thousand EUR
  • inventories worth 22 thousand EUR

Intangible assets

  • long-term business relationships
  • registration as a social enterprise
  • contracts with regular customers (food retail chains)
  • professional and trained work team
  • HACCP certification and licenses
  • know – how

Real estate assets

Production and administrative building

  • building area: approx. 673 m²
  • other area: approx. 1860 m²
  • estimated value: 300 thousand EUR

Employees

  • 42 on TPP + 1 contract worker

Indebtedost

  • bank loan 170,500 EUR, due 2030
  • loan for 3 cars 78,500 EUR, due 2027
  • overdraft drawn according to current cashflow, changes over time

Total annual sales

  • 2019: 360 thousand EUR (+113 thousand EUR subsidy) 
  • 2020: 400 thousand EUR (+90 thousand EUR subsidy) 
  • 2021: 400 thousand EUR (+96 thousand EUR subsidy)
  • 2022: 430 thousand EUR (+277 thousand EUR subsidy)
  • 2023: 585 thousand EUR (+278 thousand EUR subsidy)
  • 2024: 677 thousand EUR (+284 thousand EUR subsidy)

Operating EBITDA

  • 2019: 80 thousand EUR
  • 2020: 93 thousand EUR
  • 2021: 93 thousand EUR
  • 2022: 111 thousand EUR
  • 2023: 136 thousand EUR
  • 2024: 179 thousand EUR

Note: we present adjusted real EBITDA after normalization for non-standard items.

Other information

  • History: 12 years
  • Reason for sale: owner’s orientation to other business projects
  • Legal form: s.r.o.
  • Subject of sale: 100% share in s.r.o.

 

I am interested

Ing. Tomáš Šuverík

managing director

+420 731 788 155
suverik@inbase.cz

If you are interested, contact us!

We will be happy to provide you with more detailed information after signing a non-disclosure agreement (NDA).