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Forward Thinking, Expansion Ready Meal Service
Location: Canada -> British Columbia -> Vancouver Island
Industry: Food and Beverage > Catering Services




Business Summary

The owners of this niche knew the need first-hand. Both were working long hours at corporate jobs and recognized that far too often, they were grabbing fast, unhealthy meals. They wanted to eat healthier but had no time to plan menus and shop for ingredients.

So they created a visionary solution, developed it, and are now seeking a new owner to take this thriving operation to the next level.

Their business is the perfect solution for time-stretched professionals looking for a healthier lifestyle but who need help achieving it. They produce portioned meal kits utilizing fresh, often local ingredients, that are delivered to their customer's door step. Clients order their meal kits online by choosing from different plan types with their choice of meat-based and/or vegetarian options.

The resulting meals are fresh, healthy, locally-sourced, and more flavorful than what's currently available on the market. The business was also an entirely new concept at its inception. As a pioneering business, their first task was educating the market about meal kits and what the service could offer. Larger franchised meal kit companies didn't appear until a few years later and have boosted business for this company by building product demand.

To start, the owners spent a year developing recipes, researching products and setting up suppliers, choosing packaging to keep the food at the correct temperature, and finding a commercial kitchen where the meal kits could be assembled.

Prior to the official launch of the business, they set up a pilot project to test their concept with family and friends. Most loved the idea and became clients right away. When they opened the business to the public, they had their first client sign up in the first week of operations. Growth has been steady.

A further advantage is the location - a growing community with the best climate in Canada.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $210,000
Cash Flow:   $115,000
Cash Flow Type:  EBITDA
Inventory:  $28,700
Seller Financing:  Yes

About The Business

Year Established:  2016
Number of Employees:  1 - 3
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Owners will help train purchaser(s) during the transition
Reason For Selling:  Owners plan to return to university to pursue post-graduate degrees.




Print Listing Id: 700342149
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Business Brokers > British Columbia Businesses For Sale > British Columbia Franchises For Sale



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