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Established Food Manufacturing Business In Lower Mainland For Sale

Lower Mainland, British Columbia, Canada
Asking Price:
$5,750,000 (CAD) Inventory / Stock included
Sales Revenue:
$2,300,000 (CAD)
Cash Flow:
$750,000 (CAD)

This food manufacturer creates the most sought-after blends of its product for all high-end hotel and restaurant groups only. They are a long time leading supplier and there are high barriers to entry in this industry. Their manufacturing process is streamlined using only the highest quality local products. The distributors manage delivery so there is little need for B2B interactions or sales/marketing to maintain current sales levels. As a result, the product is superior and there are few staff required to operate the business. Given their niche, incredible high quality, and exclusivity, the margins are higher than other similar businesses. The business is certified to operate in its current location with all the required tenant improvements completed for food manufacturing. The current owner enjoys the part-time work but is ready for retirement. The ideal buyer would be another small food manufacturer looking to expand their current offering and benefit from economies of scale or an individual buyer interested in working in the business and growing it. Several growth opportunities exist including increasing production capacity and/or adding product lines.

Property Information

Real Estate:

Lease

Lease Rent:
$21 (CAD) per sq ft per annum
Location:

Lower Mainland Industrial

Premises Details:

4400 square feet industrial with brand new tenant improvements

Business Operation

Reasons for selling:

Retirement

Employees:
2
Years established:
2001

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

VTB or earnout possible

Inventory / Stock value:
$550,000 (CAD) - included in the asking price