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Food Manufacturing Facility For Sale
Location British Columbia,Canada
Asking Price Range $1.0M - $2.5M
Gross Revenues $0
Net Profit / Cash Flow $314785
Cash Flow Type EBITDA
Seller Finance No
Year Established 1990
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Description Well establish food production lines equipped with semi-automatic machine making dumplings and all kinds of frozen dimsums and desserts to SaveOn Price Mart and T & T supermarkets.
Building improvements including walk-in freezers and coolers, full commercial kitchen, offices and warehouse space.
Newer equipments being added to the facility since 2009 including Ford 350 refrigerated Van, automatic wonton preparation and wrapping machine, filling and forming machine, Flour mixer, Sealing machine etc.
Total current appraised value for the building improvement and equipment are over $500K. Building current market value is $700K. Goodwill is $500K.
Purchaser must be financially pre-qualified.
Business and property financing is available for the right buyer.
Vendor shall provide training for the purchaser.
FOR INFORMATION, please contact Anry at 778-896-8561 or Philip at 604-721-7938
YEARS IN BUSINESS 20+ year(s)
FLOOR AREA 3,700 sq ft.
EMPLOYEES Fulltime: owner + 3 Part time: 7 - 9
LEASE TERM property owned
PARKING 9
ADDRESS
No. 5 Road, Richmond
BUSINESS HOURS
Monday to Friday 0900 to 1700hr. Weekend as required - workers only.
YEARLY OPERATING COSTS
Employee Wages: $ 175,000
Hydro: $ 14,000 (gas and hydro)
Insurance: $ 4,500
Phone Interac: $ 4,600
Waste Removal: $ 1,500
Security Alarm: $ 360
Others: $ 63,000 (property tax, bank charges, auto, office)
YEARLY EXPENSES $ 262,960
YEARLY NET INCOME $ 314,785 EBITDA including benefits
Click Here To Contact Seller
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