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Produce Import & Distribution Company
Location British Columbia,Canada
Asking Price Range $1.0M - $2.5M
Gross Revenues $7000000
Net Profit / Cash Flow $500000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1986
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Seller will complete a proper transition period.
Reason for Sale Retirement.
Description Location: Greater Vancouver Area, B.C., Canada
Sales: $7M CDN
Price: $2.4M CDN for a Share Sale
Normalized EBITDA: $500,000 CDN
- Distribution company importing Asian and other specialty produce seeks new ownership to bring additional vision and growth to this company which was founded in 1986
- Head office in British Columbia with additional offices in China and a branch in Ontario
- Distribution has expanded to cover all regions in Canada and some major retailers in the NW U.S.
- Sales are in the range of $7M CDN in 2011, while gross profit margins are near 20% and growing
- Industry trade and credit rating agency memberships provide information on suppliers and strong relationships exist with established growers worldwide meeting health and safety standards
- Offers strong synergistic value for companies seeking to expand their distribution activities into specialty produce and Western Canada
- Strong, long-term relationships with suppliers in China since 1993 as well as in Eastern Canada
- Good location provides easy access to distribution channels in Western North America
- Facilities are professionally run and CFIA compliant, meeting the requirements of local public health departments, including a fully-equipped food-safety-certified packing facility
- Suppliers must meet food safety audit requirements of inspection and certification programs
- Solid management team markets products through a good website and experienced sales staff
Seller is seeking to retire and pass their business to experienced operators who can build on growing sales and a solid reputation. Seller will be a strong asset during the transition phase.
For more information, contact Chris Kassardjian at: +1 (604) 909-1271.
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