40-Yr Established Food Distributor, $600K+ SDE, Major Contracts For Sale

Description

Business type: wholesale and retail frozen food distribution business

Location: Greater Toronto Area, Ontario

Trading history: more than 40 years

Current status: established operating business

Products

Primary product category: frozen baked goods

Revenue mix

Wholesale and institutional revenue share: approximately 40%

Retail revenue share: approximately 60%

Wholesale and institutional customers

• Toronto District School Board
• Toronto Police
• OPP through caterers
• Nursing homes
• TD Bank
• Home Depot
• Honda

Institutional contracts: established

Corporate accounts: established

Retail customers

Monthly retail customers: more than 5,000

Customer base: established

Repeat customers: established

Customer draw: Mississauga, Brampton, Oakville and surrounding areas

Financial information

Annual revenue: approximately $1,400,000

Seller discretionary earnings: approximately $604,000

Stated margin: 69%

Profitability: reported as high

Operations

Ownership model: absentee

Current owner involvement: approximately 4 to 6 hours per week

Trained staff: in place

Operating systems: established

Business model: scalable

Commercial kitchen

Commercial kitchen: fully equipped

Ghost kitchen use: possible

Catering use: possible

Third-party kitchen rental: possible

Location and lease

Location: central GTA

Long-term lease: in place

Lease cost: stated as cost-efficient

Brand and market presence

Brand recognition: established

Goodwill: established

Expansion options

• Expand into additional geographic markets
• Add new product lines
• Develop ghost kitchen operations
• Expand catering activity
• Rent kitchen capacity to third parties
• Increase institutional distribution

Training and transition

Seller training: available

Training period: up to 3 months

Recipe transfer: included

Contract transition: supported

Operational handover: supported

Potential buyers

• Entrepreneurs
• Investors
• Absentee operators
• Corporate buyers
• Food distribution companies