Price: $1,675,000

Location: Ontario

Province: Ontario

Industry: Machinery and Equipment Wholesaler

Description

This business is both a distributor of components and a provider of high value-added engineered solutions to the users and manufacturers of production equipment. It has been in business for many decades and has both a strong reputation and a leading market position. Their culture has always been customer driven. Focus industries include construction, mining, transit, transport, government funded, auto parts, manufacturing, primary industries and food and beverage. Solid and stable revenue has been generated through the years. Other aspects of this very attractive opportunity include:
• Average revenue generation over the last 5 years in excess of $6 million.
• Normalized average EBITDA over 5 years $370,000.
• Loyal and diverse customer base.
• Well trained and experienced staff with great technical expertise.
• Total staffing over 25.
• Sales staff divided between servicing existing customers and finding new ones.
• A strong backlog of lucrative orders.
• In-house developed Intellectual Property from the design and manufacture of controls for high value-added solutions and their own branded products.
• Inventory of $900,000 included.
• Remote monitoring capability has been developed and introduced to the market, opening new growth opportunities.
• Many additional growth opportunities.
Please contact the Broker for more information about this exceptional opportunity.

LISTING DETAILS

Total Sales: $5,620,000

Cash Flow: $510,000

FFE: $150,000

FFE Included: Yes

Inventory: $900,000

Inventory Included: Yes

Operation

Year Established: 1977

Year of last Acquisition: 1995

Employees: 27

Location

Monthly Rent:

Square Footage: 12500

Summary

Reason For Sale:

Retirement

Training & Support:

Available

LISTING BROKER

Email:
X