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Produce Import and Distribution Company
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Opportunity Number:
A032
Industry:
Produce Import and Distribution
Location:
Lower Mainland, B.C. Canada
Listed Price:
$2.4M CDN
Total Sales:
$7M CDN
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.
