For Sale $1,479,000 - Distributor, Manufacturer
This small manufacturing and distribution company offers natural health and beauty products. In business for 12 years, this company operates out of Central Alberta.
The premise is 4,000 square feet, with an additional 1,000 square feet of mezzanine and an additional 1,125 square feet of offsite storage. The current lease expires in December 2018, offering an opportunity to negotiate a new lease or move the business to a larger location. There have been significant upgrades to equipment, warehousing, and the website over the past year.
The current operating hours are Monday-Friday 7:00am-4:00pm. The business currently has 13 staff with some key employees with 10+ years of experience. Staff have recently participated in in-depth training in the past year Revenue over the past two years has been between $1.6M to $2.0M and is continuing to grow.
This business is listed at a price of $1,479,000 plus inventory of approximately $250,000, although the amount of inventory will fluctuate depending on the time of year. The buyer must provide their own working capital beyond paying for inventory at cost There is an opportunity for a new owner to build the wholesale business into a national chain.
Potential buyers may contact Ken Wither at (587) 215-2245 for further general details about the opportunity.
After the phone call, inquirers who are still interested will be required to sign a confidentiality agreement and complete a confidential buyer questionnaire to give us a snapshot of who you are. This covers relevant business skills, credit rating, and liquid cash available.
Business owners or staff are not to be approached directly. To protect confidentiality, the attached picture is for marketing purposes only and not an actual depiction of the business for sale.