Business Overview:
This profitable Abattoir has excellent growth potential. The plant has developed a reputation for high quality custom slaughter and processing of beef and lambs, has become the number one Abattoir by choice in the region. The future looks bright for this company, with the increasing demand for high quality organic meats; this business is well positioned to meet the growing demand of wholesalers and retailers. A motivated buyer could definitely take this business to the next level. The price of the business excluding working capital but inclusive of all fixed assets and goodwill is $437,186 with an implied multiple of weighted Cash Flow of 2.8 times. Since the seller is selling the operational balance sheet of the business which includes the normal required working capital of $57,814 (this includes inventory), the asking price of the business is $495,000. Sitting on 25+ acres, the price for the Ranch and Homestead is $1,100,000 for a total Asking Price of $1,595,000. For more information, please contact Neil Thomson at 250.870.9094 or send an email to neil.thomson@sunbeltpacific.ca. Please also visit our website at www.sunbeltpacific.ca
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Homestead: 1,728 square feet.
Garage & Shop: 1,729 square feet.
Barns: 4,440 square feet.
Total annual rent revenue $40,000.
Reason for Selling:
Health issues and retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.