This company is a packaged foods company which sells products into the retail and food service channels under it's brand names. The company produces a variety of innovative food products that are healthy, tasty and easy to prepare. The company operates as a completely virtual firm by outsourcing most of its manufacturing, distribution, and storage functions. The company leverages its lean operations, focusing on marketing to the food service, and natural retail sectors, across Canada. The company is operated solely by the founder and current owner, while other work is hired through contract arrangements when necessary. The company is a niche player in the market, specializing in innovative products using natural and healthy ingredients, such as grain-fed, free run chicken and whole grains in the coatings of their products. There is a high demand in Canadian and U.S. markets for meals that are convenient, low cost and easy to prepare. Products appeal to these demands and consumer preferences evident in their growing presence in Canadian and U.S. markets. Organization Highlights - The company's largest customer will guarantee a minimum amount of purchases for the new owner for the first year. - Outsources and manufactures food products that contain natural ingredients free of preservatives, nut-free, dairy-free, soy protein-free. - Products distributed to retailers and food service outlets throughout Canada with opportunities to expand into the United States. - A virtual business model that generates passive revenue makes the business easy to maintain; ideal for a run-from-home approach (operator currently only works on the business an average of 4 hours per month). - Strong distribution network with potential for growth in sales. Sale Information Total Revenue: $202,000 Profit: $36,000 Inventory: ~$30,000 Employees: 1 PT (current owner) Asking Price: $110,000