Southern Alberta Contract Delivery Business For Sale

Business description

Established approximately 10 years ago by the owners, they have built up a large customer base (approximately 100) The sellers claim that they are now probably the largest distributor for their Corporate partner in Alberta. Whilst the Corporate client base and client relationships remain intact, the owners have gradually built up a large group of independent customers to include: restaurants, schools and convenience stores. Today the independent business makes up around 50% of the company s customer base. The company is distributing 'commodity' products on a proactive basis i.e. the drivers take an inventory of what needs to be supplied and handle the product delivery and placement of product for customers as opposed to the customer having to decide what they need and ordering up . The company s geographic market is comprised of the east quadrant of Calgary south to Okotoks and Claresholm and east to Gleichen and Strathmore. Business Hours: Monday Tuesday 5.00 am - 3.00 pm Thursday - Friday 5.00 am - 3.00 pm, Saturday Closed Closed Sundays and Statutory Holidays. Note: Most drivers are finished by 1.00 pm each day.
Note: this business is being marketed by: Stuart Neal & Associates, Business Brokers. Interested parties MUST sign a Confidentiality Agreement and provide a Financial Statement PRIOR to receipt of further details.
The business is being offered un-priced. A potential purchaser is encouraged to seek their own counsel with respect to pricing and deal structure. The broker may provide contacts details with respect to appropriate advisors, i.e. accountants and lawyers upon request from the prospective buyer.

Other information

Expansion potential:

The buyer has a unique opportunity to grow their customer base through proactive marketing and yet be enjoy some degree of protection through the large and comprehensive customer base that has already been built together with the protected territory provided by their Corporate partner. The sellers report that almost 50% of customers pay cash and therefore collections are minimal.

Competition / Market:

The sellers suggest that whilst other companies offer similar products. They do not specialize and therefore cannot offer the range or price advantages that they can.

Support & training:

The owner is agreeable to providing hands-on training to a buyer in all aspects of managing the business. Exact terms and conditions to be negotiated with the assistance of the broker.

Reasons for selling:

Sellers wish to retire.

Trading hours:

See general description

Financing available:

Seller may part carry subject to buyer status.

Furniture / Fixtures value:

$97,000 (included in the asking price)