This is an opportunity to acquire a niche specialized distribution business located in the Greater Toronto Area. The business is a leader in its niche industry, with a roster of blue chip clients across Canada. The company specializes in working with major restaurant and hotel chains.
The business has an established human resource structure in place and a solid internal work force as well as a sub-distributor network. The company has a history of stable revenues and profitability with gross margin in the 50% range. Because of its narrow specialization, the business has a very sticky business which is well engrained into the business model of its clients and allows for continued and lasting work relations. Very little of the product distributed is subject to holdbacks, with major clients paying net 30 days and sub-distributors paying at delivery.
This is an ideal stand-alone or add-on acquisition for a company or individual with exposure and experience in the food and hospitality industries, looking to diversify and expand product and service offerings. Training and an agreed upon transitional period will be provided by the owner to ensure a seamless transition for the existing clientele and staff.
Asking Price: $549,000
Normalized SDE: $246,000
Normalized EBITDA: $176,000
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