26 Yr Mfg Of Refrigerator/freezer Door Gaskets For Sale

Property Information

Real Estate:

Lease

Premises Details:

The business operates from a modern, purpose-built 9,500 sq. ft. facility that is only a few years old and designed to support efficient manufacturing and distribution. The front portion of the building is dedicated to clean, professional office space for management and staff, creating a strong first impression for customers, suppliers, and employees alike. The rear of the facility is configured for production and shipping, with a logical layout that allows for smooth workflow from manufacturing through to order fulfillment. Notably, the building is currently underutilized, offering substantial excess capacity and flexibility for a new owner to expand production, add equipment, or scale operations without the need for immediate capital investment in additional space.

Business Operation

Management type:

This business has absentee ownership.

Expansion Potential:

The business offers strong upside for a new owner, supported by a stable foundation and several clear avenues for growth. With demand for refrigeration components tied to essential residential and commercial markets, there is an opportunity to expand sales through additional distributors, new geographic regions, and deeper penetration of existing accounts. Introducing modest marketing initiatives, broadening the product range, or targeting new OEM relationships could further accelerate revenue without significant operational complexity. Given that the company already operates with established systems and experienced management in place, a buyer can focus on strategic growth initiatives rather than day-to-day execution, making this a scalable platform for both an investor and a strategic acquirer.

Competition / Market:

The company operates in a stable and essential segment of the refrigeration supply chain, where demand is driven by ongoing maintenance, repair, and replacement rather than short-term economic trends. While the industry includes large national suppliers as well as smaller regional manufacturers, the business competes successfully by emphasizing precision, consistent quality, and dependable service. Its ability to deliver gaskets that meet or exceed original equipment specifications has led to long-standing relationships with distributors who value reliability and performance over low-cost alternatives. This focus on a specialized niche reduces direct price pressure and supports a defensible market position, offering a new owner entry into a resilient industry with steady, recurring demand.

Reasons for selling:

Owners retiring.

Trading hours:

Monday-Wednesday 7am-4pm

Employees:

8 Full-Time

Years established:

26

Other Information

Support & training:

Will train for 4 weeks @ $0 cost.

Furniture / Fixtures value:

$551,324 (CAD) - included in the asking price

Inventory / Stock value:

$286,530 (CAD)

Relocatable:

This business can be relocated