Frozen Gourmet Foods Wholesale & Distribution Business For Sale

Business description

This company is well-established with headquarters in Edmonton, Alberta. The company distributes a range of frozen gourmet food products primarily in the Edmnoton and Northern Alberta markets. Much of the product is received in bulk form and re-packaged into individually portioned value packs for re-sale to wholesale customers on a value-added basis. The business also does over-the-counter sales from its warehouse facility. The company effectively services niche markets in the food distribution business with strong potential for expansion into new products and markets.

Property information

Lease terms:

Lease agreement can be negotiated with the seller.

Location:

The business is ideally located in the south-central area of Edmonton with easy access to major roadways.

Other information

Expansion potential:

The present owner has 2 alternative plans available to expand the freezer capacity of the facilities. These improvements could potentially accommodate increased sales levels to the $10M to $15M range.

Competition / Market:

The company encounters competition from a limited number of large International food suppliers as well as from smaller local or regional niche food distributors.

Support & training:

The seller agrees to stay for a period of up to one year after closing to assist in the transition process, at a rate of pay to agreed upon by both parties.

Reasons for selling:

The owner is retiring and wishes to dispose of his business interests.

Trading hours:

8-5 five days + Sat.

Furniture / Fixtures value:

$500,000

Inventory / Stock value:

$500,000

Contact the seller