Price: $1,500,000

Location: Barrie

Province: Ontario

Industry: Manufacturing

Description

This manufacturing business operates in a stable industry and has no competition in North America. The business is located in Barrie, Ontario. Customer orders arrive unsolicited, as this is the “go-to” supplier in the industry. Brand equity is high, and the business has a reputation for good customer relations, excellent communications, a quality product, good service, and reasonable prices. Customers have remained loyal, many for decades. The production equipment has the capacity to support additional revenue, with a little sales effort. Working Capital of $550k, including $350k in Inventory, will be included in the sale. Employees are capable and cross-trained. This turnkey business is suitable for either a hands-on entrepreneur, or a manufacturing business looking to expand their product offering.

LISTING DETAILS

Total Sales: $2,820,366

EBITDA: $469,163

Accounts Receivable: $200,000

Accounts Receivable Included: Yes

FFE: $55,800

Inventory: $350,000

Inventory Included: Yes

Operation

Year Established: 1997

Year of last Acquisition: 1997

Employees: 8

Location

Monthly Rent:

Square Footage: 15897

Summary

Reason For Sale:

Retirement

Training & Support:

Available

LISTING BROKER

Jack Elias

Jack Elias
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