Business Summary:
This is a highly successful grocery and healthcare products distributor with primarily Tier 1 retail chain store clients. The business was founded by 2 partners over 20 years ago. It is based in Eastern Canada and ships product / provides coverage to customers who are both Regional and National retailers. Expansion opportunities exist to support a number of these customers completely across Canada. Many use existing company representatives to support in-store product management and customer relationships. Others simply take product into their own Distribution Centres for retail location allocation. The products are generally non-perishable. The company Vendors are very supportive of the business and depend on it to get their items into the retail channel in a cost-effective, efficient and timely basis, every day. Suppliers count on this company to provide the support needed to ensure proper presentation and representation at the retail level while managing product availability and logistics for the distribution channel. The business is growing rapidly with consolidated EBITDA margins above 20% In addition to the listing price for the business, the company has a medium sized building / distribution centre available that will be sold for an additional amount, to the purchaser of the business.
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| Year
Business was Established: 2013 |
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| Number of Employees:
48 FT |
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| Facilities / Terms of Lease:
Facilities are available but are not included in the price of the business. A combined office and distribution centre will be sold separately concurrent with the business sale utilizing a listing price supported by a local real estate appraisal. Other regional office premises are leased. |
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| Potential
Growth/Expansion:
Exceptional Potential for Growth exists in 3 areas:
1. Taking existing products and vendor lines into wider National distribution.
2. Acquiring new retail chain customers or more locations to carry some or all of the product lines under management.
3. Representing new suppliers and product lines to the retail clients of the business. |
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| Competition:
Vendors generally select a single distributor to represent them for each designated market geography. A small number of food distributors exist in Eastern Canada. |
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| Owner
willing to train:
Will train for 20 weeks @ $0 cost. |
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| Reason for selling:
The two owners / founders are now ready to retire after assisting with the onboarding / training of a new General Manager as required. They feel a new Purchaser will sustain their energy and vision as the right owner to take the business to the next level |
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Seller Reference Number: 9105-16182
BusinessMart.com Listing Number: 266814 |
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