Established Canadian businesses - For Sale by Owner - in Canada
Listing # 02328001
Business For Sale
Food Manufacturing Business
$675,000.00 (Cdn)
Business Location: South Central Ontario Postal Code: L5C Relocatable: Yes
Business Categories:
Food & Related Products Industrial Manufacturing & Service
BUSINESS FEATURES
Company manufactures a well-recognized baked dessert product.
Over 20 years in business. Retirement sale.
Sells across Canada. Customers include Costsco, WalMart Canada and major food distributors and brokers.
Business has a well known brand and also offers white-label products to customers.
Business follows strict processes for quality and safety including a rigorous computerized food tracking system.
FINANCIAL INFORMATION
Over $1.9 million in annual revenue. 46% gross margins with approx. $280,000 in earnings to an owner/operator. Significant growth opportunities exist with this business to grow revenue and profits by leveraging existing company assets and channels.
The business is currently run out of a very high-cost part of Ontario and would benefit significantly by relocating operations to southern Ontario (or to another major urban centre in Canada).
MARKET & COMPETITION
Significant expansion and growth opportunities including adding more product lines, expansion of Walmart and Costco relationships and opportunities in the U.S.
INCLUDED, EXCLUDED & OPTIONAL
- INCLUDED in the Price -
All assets, equipment, machinery, ovens, packaging machines, customer and vendor relationships, goodwill, recipes, trade secrets, fork lifts, computers, customer software, processes, manuals and everything else owned and belonging to the seller.
- EXCLUDED from the Price -
Inventory is in addition to the purchase price and shall be approximately $150,000 at time of closing.
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