Price: $1100000

Location: Greater Toronto Area

Province: Ontario

Description

Privately-owned Long Established outdoor lighting fixtures manufacturer and foundry located in the Greater Toronto Area is available for Sale.

During their 40+ years, the business has earned an excellent reputation as a manufacturer of various high-quality products, including classic and traditional street lighting, parking lot lighting,  fixtures, arms poles, bollards, Indoor office lighting, Street signs, benches, littler containers, recycling containers, bike racks and site furniture.

The systematic quality-control process at the foundry has allowed the business to develop a strong reputation for high-quality Lighting Products and services. All standard products can be modified or new products custom designed from scratch- quickly and competitively.

The business has a long successful history serving cities, municipalities and private buyers. Distribution sales channels are set up nationwide in Canada, and the United States and the business benefits from solid credibility in the market with thousands of lighting fixtures sold to Toronto, New York City, Chicago, California, State of Florida etc.

High barriers to entry, a solid reputation, loyal client following and coupled with the years it takes to establish credibility in this industry, discourages new competition.

The company has vital staff in place, 17 Fulltime employees and the owner will work with the buyer to ensure a smooth transition. The business has excellent books and records with verifiable financial statements.

  • Rare opportunity
  • Inhouse foundry
  • Established credibility
  • Many repeat loyal customers
  • Specialized business with a competitive advantage
  • High Barrier to entry
  • Growth Opportunities to increase revenue
  • Trained key staff
  • 17 Full-time employees
  • 40 Years of History

 

Building upon nearly four decades of goodwill and customer satisfaction, as well as a formidable product offering and incredible production ability, new management may take this opportunity in any number of directions readily available to it.

Reason for selling: Health and Retirement

Revenue: $2-3 Million (Last five years average)

 

LISTING BROKER

Rubeel Khan

Rubeel Khan
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