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Established Distribution Business In Halifax For Sale

Halifax, Nova Scotia, Canada
Asking Price:
$250K - $500K (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$100K - $250K (CAD)
Cash Flow:
Under $50K (CAD)

This established B2B distribution business has been operating successfully for over six years, catering exclusively to convenience stores and smoke shops. With a loyal customer base, the company specializes in a wide range of products, including smoking accessories, cellphone accessories, kitchenware, and more. The business has high potential for growth by expanding its product line and extending its reach beyond the current province.

Property Information

Real Estate:

Lease

Lease Terms:

5 years

Leasehold Rent:

$18,300 (CAD) per annum

Location:

The business is located in a strategically positioned trading estate, providing easy access for distribution. The site offers a combination of office space, a showroom, and a small warehouse, all at a cost-effective rent, supporting both current operations and future growth potential.

Premises Details:

The business operates out of a modern facility with office space, a showroom, and a small warehouse for inventory storage. The premises are easily accessible, strategically located for efficient distribution, and have cheap rent, making it cost-effective for dai

Planning Consent:

The business has not undergone any specific planning permissions such as A1 or A3 designations, extensions, or conversions. The current premises are utilized for their intended purpose with no recent changes or expansions requiring planning approval. Any future modifications or expansions would need to comply with local zoning and planning regulations.

Business Operation

Expansion Potential:

Opportunities for expansion include broadening the product range to meet evolving customer demands and entering new markets beyond the current province. Developing an online presence could also attract a wider customer base. Additionally, forming partnerships with new suppliers and exploring untapped segments, such as eco-friendly or niche products, can drive further growth and enhance the business's competitive edge.

Competition / Market:

The business has successfully navigated a competitive market by building a loyal customer base and specializing in high-demand products such as smoking accessories, cellphone accessories, and kitchenware. Future competitive considerations may include increased competition from larger distributors, evolving market trends, and the need to continuously adapt product offerings. Expanding the product range and extending operations beyond the current province could mitigate these challenges and drive further growth.

Reasons for selling:

Moving out of the province

Trading hours:

Mon-Friday

Employees:
1
Years established:
6

Other Information

Support & training:

The current owner is willing to provide comprehensive support and training to a prospective buyer, including:

- **Operational Training:** Guidance on daily operations, including inventory management and customer service.
- **Supplier Relations:** Introduction to key suppliers and advice on maintaining strong supplier relationships.
- **Sales and Marketing:** Insights into effective sales strategies and marketing techniques tailored to the industry.
- **System Familiarization:** Training on any existing business systems or software used for inventory and order management.
- **Transition Support:** Assistance with the transition period to ensure a smooth handover and continued business success.

This support aims to facilitate a seamless transition and help the new owner build on the existing business's success.