Description

RARE READY-TO-EAT FOOD FACTORY, PREPARED DISHES, CATERER, ETC…:
Has a C1 license
Well placed on the South Shore of Montreal, easy to access
4,649 sf plus common areas and boutique area open to the public with low rent
Large production capacity
Excellent reputation for many years and loyal clientele
Good team of employees more than 20 employees
Turnkey for only $299,000.

GENERAL INFORMATIONS

  • Type of business: Manufacturing, Ready-to-eat factory, Prepared meals and Catering
  • Type of property: Sale of business / Goodwill
  • Sector of activity: Food / Manufacturing and processing
  • Intersection: Route 132 and a few minutes from the Louis-Hippolyte-La Fontaine Tunnel
  • Reason for sale: The owner is too busy with his other company
  • List of equipment available
  • Date, deadline for signing deed of sale, occupancy: 30 days or any other date or deadline reasonably agreed between the parties to the transaction
  • Involvement of the seller after the sale: Available to achieve a perfect transmission of the business
  • Seller Financing Terms:
  • Inclusions: 1° the name; (2) traffic; 3° all the rights and privileges related to the identification of the enterprise (telephone number, signs, advertisements, trademarks, etc.); 4° all goods
    furniture, appliances and equipment used in the operation of the Company (assessment report
    In progress); 5° The Company’s stocks of merchandise are included in the sale, but are not
    not included in the above price. Thus, the sale price will be increased by the fair value
    (+/- $20,000) of said Company inventory on the effective date of the transaction, as determined between the Seller and the Buyer or by an independent certified appraiser; 6° a C-1 permit from the Ministry of Agriculture, Fisheries and Food (MAPAQ) which allows the distribution of food products produced by the company; 7° a portfolio of 400 products with recipes, cost price software and nutritional values.
  • Exclusions: 1° accounts receivable; (2) accounts payable and debts; 3° bank accounts.

COMPANY DESCRIPTION

In operation since: 1989 but since 2004 in this place.
Manufacturing with the Buffet L’Entregent brand and sub-brands.
Website and online ordering, take-out or delivery

HUMAN RESSOURCES

Management team: the owner is not present
Number of employees: 21 employees, 9 employees working more than 25 hours/week and 12 employees working less than 25 hours/week, stable and non-unionized.

MARKET

Market description: Very strong growth market (prepared meals)
Clientele: Food shops and distributors, canteens, individuals, online sales, etc. 30% caterer 70% processing
Location of customers: Near for the most part, South Shore, Estrie and some customers in Montreal,
Products: Prepared meals, ready-to-eat and catering, soups, sauces, pizzas, quiches, meat pies, etc.
Type of cuisine: Fresh, Sous Vide and Frozen
Description of the competition: Very few C1 permit factories on the South Shore

Market opportunities: Possible development, production capacity can be doubled without adding equipment.

BUSINESS HOURS

Monday to Friday: 7:00 a.m. to 3:00 p.m., Saturday: 7:00 a.m. to 1:00 p.m., Sunday: closed

DESCRIPTION OF THE PREMISES

Style: Complete second floor of a commercial building renovated in 2018
Area: 4,649 sf + common areas including the unloading dock + boutique area reserved for individuals
Monthly rent: $4,235.68 + GST/QST
Included in the Rent: Building costs, Business and property taxes, Snow removal, Lawn, Drainage
Loading docks and pallet lifts
End of lease: 31/12/2027
Lease renewal option: possible

FINANCE

SALES 07/31/2020: $772,006.52
SALES 07/31/2021: $861,677.15
SALES in the last 6 months: up, $525,420.74

MEDIA

Company website: www.buffetlentregent.com
Facebook : https://www.facebook.com/profile.php?id=100063681473020 (999 followers, rating 5/5)

VISITS

Appointment preferences: Evening​
Discretion requested​

Stanislas Didier
Founding President
Canada : +1 514 618-9165
France : 07 66 37 69 66
[email protected]
Benjamin Espaze
Real Estate Broker
RE/MAX L’ESPACE
514 581-9116

Address

  • City Greater Montréal, Greater Montreal
  • Province Quebec
  • Area Montérégie
  • Country Canada

Details

Updated on January 30, 2023 at 8:59 pm
  • Price: $245,000
  • Category: Food Factory
  • Property Status: OFFER TO PURCHASE

Overview

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Stanislas Didier
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