Seller's Contact Information

  • RE:  Dry Goods Wholesale Importer & Distributor
  • Contact:  Stephen Harrison

Quick Facts

Asking Price: $2,650,000
Annual Revenue: $4,220,000
Net Profit: Not Disclosed
Cash Flow: $166,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 119147780
Broker Reference #: 413110-S8H18

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Business Overview:

The Dry Goods Wholesale Importer & Distributor is located in the Lower Mainland region of British Columbia, Canada. The Company provides a wide assortment of food (no meat products) and paper products primarily for the independent Chinese restaurant marketplace. The Company has on average 350 active customers per year.

The Company was generating $6M annually for most of the 40 years they've been operating, dipped to $4.2M at the height of the COVID shutdown and has been rebounding since.

The Company has established relationships with several hundred restaurants and small invoices on average so they're hard to displace. The Company enjoys relationships with some unique suppliers of Chinese dry goods which Chinese customers covet.

The business has a diverse range of experienced and long-term employees who will be a part of the transition to new owners. Current staff can handle the day-to-day operations of the business.

The current owner of the Company is willing to remain in the business after the sale for a negotiated period of time to ensure a smooth transition.

Reason for the business sale is retirement.

Approximately 30,000 square feet. Lease recently renewed for 5 years and 5 year option. Currently running at 75% capacity.

Asking Price: $2,650,000 which includes all of the operating assets, current inventory and prepaid expense.

2020 EBITDA: $264K
2021 EBITDA: $166K

*figures in CAD$

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Reason for Selling:


Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

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