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Import & Export Wholesale Business
Serving the East Indian Community
Investment level 649,000 ( Plus 20-30,000 in inventory)
Vendor financing available OAC.
** Please note. Buyer will need another additional 300,000 in
(working capital) to cover customers monthly receivables.
Our client has decided to sell his Wholesale Import/Export business. This business focuses on providing specialized products that appeal to the East Indian Community and Culture throughout Alberta & Canada.
Our client who will be retiring, will provide training for the new owner for a period of up to 3 months, and will offer additional mentoring via the phone as required.
This is a fairly easy business to operate and learn, with the owner working approx. 35 hours each week. He does receive some additional help from a family member on a contractual basis. New owners have the option of continuing this relationship if so desired.
This business would be a great fit for a family searching for a consistent cash flow and offers a variety of ways that the business can be grown.
Purchasers of this business will need to reside in Calgary/Edmonton, be involved in the business full time, and should also have the help of other family members
Business at a glance.
Sales: 2021 (2,650,000) 2020 (2,500,000) 2019 (2,400,000)
Owners Discretionary Income:2021(285,000) 2020 (271,000) 2019 (277,000)
**Aside from the selling price and inventory of this business, buyers will be required to have a minimal of 300,000 in additional (working capital )to cover customers monthly receivable.**
Interested parties will be asked to complete a buyer’s profile and sign an NDA prior to a Discovery Call being scheduled with the owner.
Thank you for your consideration