Atlantic Canada's Business Transition Specialist

Over 1000 Successful Transitions

ASKING PRICE:  $313,000
LOCATION:  Soutwestern New Brunswick

Located in one of New Brunswick's most attractive communities this small and easy-to-learn business has provided its present owner and family with a comfortable lifestyle since 1994. In addition to the owner who works full-time in the business, there is one part-time employee and the owner's wife serves as the bookkeeper.
 
The company sells its products to customers throughout southwestern New Brunswick and has many repeat residential and commercial customers including convenience stores, restaurants, supermarkets and campgrounds.

The business has sufficient assets to support significant expansion and there are several existing opportunities for growth but the owner is of retirement age and has chosen not to pursue these opportunities during the past few years.

The owner is seeking the sale of the company in its entirety comprising all of the operating assets, vehicles, furniture, fixtures, contracts and contract rights, inventory, the business name, and goodwill. The business premises (land and building) are owned personally by the business owner and are available for lease or purchase in a separate transaction.

Annual revenues range from $135,000 to $180,000 and the shares of the company are offered for sale for approximately $313,000 based on financial statements dated April 30, 2017. The final price will be adjusted to reflect the balance sheet at the time of closing. A minimum down payment of $100,000 is anticipated.

In addition to individuals who want to be their own boss and work actively in the day-to-day operation of the business the acquisition of this small company will appeal to owners of existing distribution businesses who wish to add another product or move into an additional territory.

For more information, please Email: info@cbibusinesstransitions.com