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Food Packaging and Distribution
A continually growing and highly profitable food packaging business is for sale in the Greater Toronto Area. This 30-year-old business has its own recognized brand in over 130 different retail locations throughout southwestern Ontario and has been expanding its sales volume by recently introducing private label services. The business generated $1M in revenue with a seller’s discretionary earnings of $300k in 2021 and is expected to continue growing into 2022. The production facility has been fully modernized with a new blending system for the quick mixing of ingredients, new state-of-the-art filling systems for granular and powder products, an automatic pouch bagger, and a semi-automatic bottle capper. The current owner, who is looking to retire, has established a unique management system where the operations team is fully cross-trained in every aspect of production and warehousing. The facility has excellent housekeeping and is fully compliant with CFIA guidelines.
Listed By: Gary Brooks
Background information
Reference:
128853-GB
Finance
Sales:
$1,000,000
Profits:
$300,000
Profit type:
Discretionary Earnings
Price and terms
Price:
Undisclosed