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ROYAL PACIFIC RIVERSIDE REALTY
#102-7080 River Road
Richmond, BC, V6X 1X5
Tel: 604-721-7938
Fax: 604-270-2885
Email: business@philhui.ca |
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Business Listings for Sale : Vancouver and
Lower Mainland |
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| $ 4.97 million property & business MEAT & POULTRY PROCESSING & DISTRIBUTION with retail |
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Well established meats processing business with its own retail store in addition to distribution to food services, restaurants and other retailers including supermarkets in the Lower Mainland.
Processing plant is working towards HACCP status and will be receiving Government grant for development of own ready-to-eat soups and sauces.
Current annual revenue is around $9.4 million with constant growth annually.
Financially qualified Buyer with business background is essential in order to operate. Vendor shall remain in operation with the buyer for 3 to 5 months during the transition period.
Note rental income is also part of owner's revenue.
TRANSACTION OFFERING AS: Share Sales
BUSINESS FOUND: over 20 years
OWNERSHIP SINCE: established
PROPERTY OWNED: Yes
BUSINESS PREMISES: approximately 10000 sq ft
ADDRESS: City of Richmond, B.C.
| Year: |
2007 |
2008 |
2009 |
2010 |
2011 |
| Projected: |
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Yes |
Yes |
| Annual Sales: |
8,000,000 |
8,250,000 |
9,250,000 |
9,500,000 |
10,200,000 |
| Cost of Sales: |
6,380,000 |
6,560,000 |
7,200,000 |
7,130,000 |
7,650,000 |
| Gross Profit: |
1,620,000 |
1,690,000 |
2,050,000 |
2,370,000 |
2,550,000 |
| Operating Expenses: |
1,330,000 |
1,340,000 |
1,700,000 |
1,820,000 |
1,920,000 |
| EBITDA: |
290,000 |
350,000 |
350,000 |
550,000 |
630,000 |
| Fiscal Year End: |
30th September |
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| OPERATING EXPENSE FOR YEAR: | 2009 |
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| Gross Rent: | $ 113,000 |
| Accounting & Legal: | $ 13,000 |
| Advertising & Promotion: | $ 1,000 |
| Automobile Expenses: | $ 122,000 |
| Bank Charges & Interest: | $ 12,000 |
| Entertainment: | $ 7,000 |
| Freight & Delivery Charges: | $ 7,500 |
| Insurance: | $ 10,000 |
| Management Fee (owner): | $ 200,000 |
| Office Maintenance & Supplies: | $ 43,000 |
| Repair & Maintenance: | $ 35,000 |
| Telephone: | $ 9,400 |
| Travel: | $ 2,000 |
| Utilities: | $ 37,000 |
| Wages and Benefits: | $ 1,050,000 |
| Misc: | $ 8,000 |
| Others: | $ 1,000 |
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| TOTAL OPERATING EXPENSES: | $ 1,700,000 |
ASKING PRICE: $ 4.97 million property & business
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