Price: $1,500,000
Location: Barrie
Province: Ontario
Industry: Manufacturing
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.
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
Year Established: 1997
Year of last Acquisition: 1997
Employees: 8
Monthly Rent:
Square Footage: 15897
Reason For Sale: Retirement
Training & Support: Available