Priced $350,000.00 plus Stock. Annual sales were $580,000 in the fiscal year ending November 2011. Very profitable distribution company with a long established repeat customer base.
The company purchases food products in bulk, packages them under its own brands and distributes them to retailers, restaurants and specialty food companies.
This is a 18 years established business with a solid and loyal customer base including independent grocery stores from Hamilton/London to New Market. The company derives its main competitive advantage from cutting the middle-man (wholesalers) and distributing directly to retailers at more competitive prices. The company operates from a 4,000 sf. storage facility in Mississauga. The company has increased its profitability by modernizing its packaging and improving its operations.
The buyer can increase profits by aggressively expanding to Eastern Ontario and adding distributors to other areas
in Canada and/or adding new products, such as nuts and candy, for distribution to current customers . This is a unique opportunity that will not last in the market.
This Business is Sold