Fresh Processed Foods Business In Western Canada For Sale

Business description

Once in a generation opportunity to acquire an established, Western Canada fresh & processed foods business, with plant & equipment appraised (2004) at over $6 million and annual sales over $9 million (FYE 2008). Current year earnings over $1m (8 months) Clean Phase One Environmental Assessments on both plants.

The business is a privately owned Canadian corporation with 2 contemporary production facilities in Alberta, and head offices in Calgary, Alberta. With a track record that can be traced back over 40 years, the business has grown from local roots to become a leading player in the Western Canada fresh-pack and North American processed market segments. The business has built close working relationships with numerous growers and suppliers, and sells its products to an established list of customers around the world.

Excellent price and terms available. Terms can include assumption of debt for qualified buyers. Significant loss carry forwards exist in the corporate entity, as a result of recent restructuring.

Call or e-mail for more information or to discuss!

Property information

Real Estate:

Real Property Included

Location:

Plants are located in south-eastern Alberta, Canada. Head office in Calgary, AB, Canada.

Premises details:

Detailed, recent appraisal reports and equipment lists available. Upgrading program underway.

Other information

Competition / Market:

One of only 2 Canadian producers of this particular specialized wholesale food product. Larger firms dominate the US industry - this company will be a takeover target when credit begins to flow again.

Reasons for selling:

Primary shareholder wishes to retire to spend more time near family.