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Newly Established Bottled Water Company for Sale in Alberta, Canada

Mineral water business in Alberta for sale.
This transaction has concluded.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees < 2
Legal Entity C Corporation
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Bottled Water
Locations  Alberta
Local Time 5:20 AM America / Chicago
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 365 thousand (Native Currency: CAD 500,000)
Reason: The promoter is 62 years old and handicapped now. They want to retire from the company.
Includes physical assets worth USD 365 thousand
Interested to connect with advisors
Documents
Business Overview
- This is a start up business, and the promoter realized that they are too old to continue with this lucrative water company.
- The promoter of the company is 62 years and they are not in good health, they just cannot keep up anymore, and they figured it was better to get out while they still can.
- We have over $250.000 into it in property and expenses so far, It has a 120X120 lot with store and attached house.
- We were selling water from the hotel here in town 1924 to 1966 we have bought the property where the water was sold, and was looking forward to selling it to the world as a high end glass bottled 100% micro plastic free mineral water.
- The water percolate's up through bentonite clay aquifer's only found in 3 other places o the planet.
- The building with the company was the corner store, its in the process of being re-gyp rocked and upgraded.
- The promoter does not have it in them to carry on, they will sell it now for $375.000 for 75 A class shares and all properties involved as the promoter is the soul owner.
- 25 shares they would like to keep for themself, and also live beside the business so that they could be involved when needed, but it would be more a silent partner, share holder.
Products & Services Overview
This is a brand new business. The water has not been sold since the 1960's. It would not take more than 6 months to have this up and running.
Assets Overview
The store, house, the property of downtown and of course the water.
Facilities Overview
Promoter owns all lots and property in downtown area and has exclusive rights to the water.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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