Frozen Food Processing Western Canada

British Columbia

Asking Price: $23,496,947 ($32,500,000 CAD)
Business For Sale Details
Listed on Jun 17, 2024(Renewed on Dec 11, 2024)

CONFIDENTIAL ACQUISITION OPPORTUNITY
FROZEN FOOD PROCESSING FOR SALE
Description This business specializes in frozen food processing I.O.F fruits and vegetables. Established in 1988. The business is strategically located in the heart of the agricultural district, highly specialized growing center for fruits and vegetables. Also located a short drive to west coast deep seaport.

Quality assurance with the use of their microbiological testing capabilities, a Hazard Analysis Critical Control Point (HACCP) program under the Canadian Food Inspection Agency.

The quality of product is due to there extremely close proximity with their facilities and the local farming operations. Over 90% of contracted fields are within 30 miles of the processing facility. They have trained field representatives working closely with the growers to ensure that only the freshest fruits and vegetables arrive at the plant.

Their product is currently being shipped to the United States, Japan, Australia, and Europe.

Summary The company has a loyal non-union employee base. They are very knowledgeable of the frozen food industry.

Financial Summary 2023 2022 2021___
Revenue $81,740,344 $74,186,456 $71,074,734
EBITDA 4,208,635 3,693,336 3,128,186
Asking Price:
Business $32,500,000.00
Land and building $22,500,000.00
Total $55,000,000.00

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Financials (USD)

Asking Price $23,496,947

Cash Flow $3,036,528

Sales $59,284,606

Converted From CAD

Exchange Rate $0.72

Deal Terms

Represented by broker? Yes

Buyer Fee? No

Seller Financing? Available On Request

Willing to co-broke? No

Principals only? Yes

Franchise? No

Management will stay? Yes

Relocatable? No

Real Estate? No

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