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Profitable Food Importer And Distributor In Vancouver For Sale

Vancouver, British Columbia, Canada
Asking Price:
$1,000,000 (CAD)
Sales Revenue:
$2,700,000 (CAD)
Cash Flow:
$260,000 (CAD)

The business distributes over 200 products to grocery chains across BC and central Canada. 95% is B2B and 5% is B2C. Business has grown in revenue each year with projections to grow 30% - 50%for 2022.

There are six (6) Employees (not including 2 owners) plus sales reps. The two (2) owners work a combined 35 hours per week where one owner oversees the purchasing, sales and delivery and the other owner oversees administration and accounting
.
Assets include but not limited to two (2) Sprinters, a Ford Transit and a Freightliner (used for storage).

The business operates out of a 3,600 sq. ft. property for $5,689 per month all in. Lease expires January 2024 and has an option to renew for another three (3) years.

Inventory fluctuates between $275,000 - $500,000 which is to be paid in addition to the asking price.

Business is experiencing growth each year. Huge potential to double, triple or more.

SDE for 2022 was approx. $260,000.

Reason for sale - Owners are leaving the country.

A confidentiality agreement to be signed prior to the release of financial documents. Please contact Aleksandra Magee with Royal LePage Sussex.

Property Information

Real Estate:

Lease

Location:

Greater Vancouver

Premises Details:

The business operates out of a 3,600 sq. ft. property for $5,689 per month all in. Lease expires January 2024 and has an option to renew for another three (3) years.

Size in square feet:
3600 sq. ft.

Business Operation

Reasons for selling:

Moving out of the country

Employees:
6 employees plus 2 owners plus sales

Other Information

Support & training:

will be provided

Furniture / Fixtures value:
$132,000 (CAD)

Contact Royal LePage Sussex (West Vancouver).

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