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Listing ID: 1804454

25+ Year Catering And Vending Business For Sale

Southwestern Ontario, Ontario, Canada

BUSINESS SOLD

(Furniture / Fixtures and Inventory / Stock included)

Revenue: CA$ 1,982,000

Cash Flow: CA$ 265,000

Business Description

This longstanding and diverse business consists of a large mobile catering fleet made up of independent owner operators servicing dedicated industrial, commercial, and institutional routes which constitutes a large wholesale customer base; a large vending division includes excellent accounts with 220 functional vending machines with snacks, beverages, sandwiches and coffee deployed throughout the regional business community; a catering department which services corporate meetings, BBQ’s, holiday parties, company luncheons and office coffee accounts; a service that prepares and delivers premade home meal replacement for consumers; and seasonal airline catering accounts. This business has been successfully operated for over 25 years with a team of mature and knowledgeable staff, top notch fully equipped food production facility loaded with leasehold improvements & equipment and a quality established customer base.

Property Details

Years Established:

25+ Years

Property Type:

Lease

FF&E:

CA$ 1,150,000

Inventory Value:

CA$ 180,000

Other Details

Business Location:

The Company operates from a 17,800 sq.ft. facility centrally located. Includes 5,000 sq.ft professional industrial food production kitchen fully equipped with multiple ovens, grills, walk-in cooler & freezer, and packaging equipment, 10,000 sq.ft. warehouse and distribution centre, and 1,800 sq.ft office space and 1,000 sq.ft. of storage. 220 vending machines, all food production equipment, catering trucks, refrigerated vans, computer software and POS system all included in the sale price. Clean, organized and efficient.

Competition:

Vending and mobile catering locations stable and not effected by competition.

Expansion Potential:

The business is continuously growing through referrals. There is potential to leverage its leading competitive position through additional marketing and sales efforts, expand into new catering routes, and additional vending accounts. This is an attractive acquisition opportunity with growth and expansion potential.

Operation Details

Employees:

25

Support & Training:

Transitional training available.

Miscellaneous

Financing Available:

Yes
Will Finance for Qualified Buyers

Reason For Selling:

Owner Retirement

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Copyright © 1997 - 2018 Dynamis Ltd and all subsidiaries.

Registered Address:
Dynamis Limited. Dynamis House, 6-8 Sycamore Street, London, EC1Y 0SW. United Kingdom.
VAT No. 747791385 Company
Registration Number: 3788210

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