Established Food Service Distributor in Southern Ontario

Opportunity to acquire an independent privately owned and operated decades-old food service distributor in Southern Ontario. The business is a full service, retail and food distributor carrying a variety of products to service the convenience channels, and the food and hospitality business. The company operates out of 38,000 square feet facility with approximately 25% of its area being temperature controlled. The building has a spare capacity of approximately 10,000 square feet allowing for further expansion. Direct deliveries are performed on temperature-controlled trucks owned by the business. The building is owned by the business and is available for a long-term lease or purchase by the future buyer. The company has a diversified client base with over 700 customers servicing a large area of Southern Ontario. Customers are grocers, restaurants, convenience retailers and hospitality companies. The business distributes frozen meals, dry foods, grocery products, confectionary and tobacco products as well as pain relievers, health and beauty products. This is an ideal opportunity for: a) strategic buyer already operating in the food distribution or related industries looking to expand their market share, enter new geographic region, or diversify their product offerings; b) companies with complementary capabilities (i.e. logistics expertise, technology platforms, or access to specific customer segments). Business includes a normal amount of Working Capital and price is for a Share sale.

Established Food Service Distributor in Southern Ontario

Price: $1,950,000
Location: Greater Toronto Area
Industry: Wholesale & Distribution
Listing ID: BA2024601

Opportunity to acquire an independent privately owned and operated decades-old food service distributor in Southern Ontario. The business is a full service, retail and food distributor carrying a variety of products to service the convenience channels, and the food and hospitality business.

The company operates out of 38,000 square feet facility with approximately 25% of its area being temperature controlled. The building has a spare capacity of approximately 10,000 square feet allowing for further expansion. Direct deliveries are performed on temperature-controlled trucks owned by the business. The building is owned by the business and is available for a long-term lease or purchase by the future buyer.

The company has a diversified client base with over 700 customers servicing a large area of Southern Ontario. Customers are grocers, restaurants, convenience retailers and hospitality companies. The business distributes frozen meals, dry foods, grocery products, confectionary and tobacco products as well as pain relievers, health and beauty products.

This is an ideal opportunity for: a) strategic buyer already operating in the food distribution or related industries looking to expand their market share, enter new geographic region, or diversify their product offerings; b) companies with complementary capabilities (i.e. logistics expertise, technology platforms, or access to specific customer segments).

Business includes a normal amount of Working Capital and price is for a Share sale.

Revenue: $12,350,000
EBITDA: $484,000
Employees: 20
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