Status: Off The Market
Lucrative seafood processing and supplier with its own sources of steady supplies. Products are distributed to local restaurants, retail outlets and is expanding Internationally.
Business currently supplying to local restaurants and other retail outlets in the Lower Mainland, the business also have an agreement with the largest seafood marketer in Saskatoon, Saskatchewan, whereby giving them exclusive territorial rights to market and sell our seafood products.
The company is also an exclusive supply source of the "Blue Abalone" from New Zealand and the North Sea Live Lobster from Nova Scotia.
Quantum Seafoods Ltd. welcome a joint venture party to involve and to grow the business together. Area to expand including the seafood processing and international sales together with existing sales to the local restaurants. Current system of the operation is fully intact.
Buyer to invest $1.25 million dollars with a first year return of $135K and $260K for the second year, $300K for the third year. Remaining $555K is the 25% share holding of the company. Investor is entitled yearly return by share proportion of the profit made by the company after the third year and onward. The business revenue shall be growing to a 10 million dollar sales in 2014.
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|Industry:||Food & Beverage Manufacturers|
|Classification:||Canada // British Columbia // Vancouver (BC)|
|Profits:||$100K - $500K ($220,000)|
|Profit Type:||Net Income|
|Asking Price:||$1MM - $2.5MM ($1,250,000)|