Price: $4,700,000

Location: Southern Ontario

Province: Ontario

Industry: Manufacturing, Residential Home Builds

Listing ID: EBB-0623-01

Description

Here is an opportunity to acquire a well established, profitable business with an outstanding history of products, services and financial growth!

This is a family-owned business that specializes in manufacturing products for new construction, primarily catering to Builders in the residential sector.

Over the last 18 years, the Company has expanded its geographic outreach throughout Southern Ontario. The Company has a total base of 24 employees, including the owner. These employees are highly competent and skilled in craftsmanship and sales. The Company has developed an extensive customer network during its 18 years in business and prides itself on a loyal client base and its durable relationships with established general contractors in the area. The Company’s leased facility has a total of 16,740 square feet which includes the employees’ offices, kitchen, showroom, and a large workshop for manufacturing and inventory storage.

This Company has experienced average annual growth of 20% for the past decade!

This is a turnkey business opportunity that can be easily transitioned to a qualified new owner who has the necessary industry knowledge.

Revenue for the current fiscal year is on track to be $5 M, with EBITDA of $1.3 M

LISTING DETAILS

Total Sales: $5,132,000

Cash Flow: $1,277,000

EBITDA: $1,277,000

Accounts Receivable Included: Yes

FFE Included: Yes

Inventory Included: Yes

Operation

Year Established: 2004

Days & Hours of Operation: M-F

Employees: 23

Managers: 1

Location

Type of Location: Manufacturing

Square Footage: 16240

Summary

Terms and Conditions?:

Price includes $700 K Net Working Capital

Reason For Sale:

Other business interests; relocation

Training & Support:

Owner will provide transitional support and training

LISTING BROKER

Ron Hunter

Ron Hunter
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