Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Dry Goods Wholesale Importer & Distributor For Sale

British Columbia, Canada
Asking Price:
$2,650,000 (CAD) Inventory / Stock included
Sales Revenue:
$4,220,000 (CAD)
Cash Flow:
Available on request

The Dry Goods Wholesale Importer & Distributor is located in the Lower Mainland region of British Columbia, Canada. The Company provides a wide assortment of food (no meat products) and paper products primarily for the independent Chinese restaurant marketplace. The Company has on average 350 active customers per year.

The Company was generating $6M annually for most of the 40+ years they've been operating, dipped to $4.2M at the height of the COVID shutdown and has been rebounding since.

The Company has established relationships with several hundred restaurants and small invoices on average so they're hard to displace. The Company enjoys relationships with some unique suppliers of Chinese dry goods which Chinese customers covet.

The business has a diverse range of experienced and long-term employees who will be a part of the transition to new owners. Current staff can handle the day-to-day operations of the business.

The current owner of the Company is willing to remain in the business after the sale for a negotiated period of time to ensure a smooth transition.

Reason for the business sale is retirement.

Approximately 30,000 sq. ft. Lease recently renewed for 5 years and 5 year option. Currently running at 75% capacity.

2020 EBITDA: $264K | 2021 EBITDA: $166K


Asking Price: $2,650,000 which includes all of the operating assets, current inventory and prepaid expense.

*figures in CAD$

Business Operation

Reasons for selling:

Retirement

Contact Pavilion Business Services

  1. This email address is already registered. Log in to continue.
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to Pavilion Business Services. For more information about how we use your data, read our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business