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Founded in 1985, this is an excellent company in the residential door, and door-related products, wholesale and retail industry. This business sells their products into various markets, and have seen consistent growth over the last 5 years, with sales in FY2016 topping $6.0m and 2017 on pace for $6.6 (a further 10% growth).
They are well-established with a diverse customer base, and thanks to an excellent reputation for quality products and reliable service, they enjoy a high percentage of repeat business.
After 30 years in business, the owners are ready to retire and would like to see this business continue to thrive and grow well beyond its current level. They are well positioned to successfully transition the business to a new owner and to assist in further growth of this great business.
Sales: topped $6.0m in 2016; on pace for $6.6 in 2017
Earnings: Average EBITDA of $403k (including FY17)
Real Estate: Owners wish to sell with their business (not included). Appraised Recently at $2.8M (Approved buyers would receive 100% Financing through BDC or other)
Available as lease or with real property included
Situated between Vancouver and Fraser valley. Proximate to major arteries and therefore excellent access to all areas of greater Vancouver, Lower Mainland and all of BC.
Free‐standing, 15,000 square‐foot building situated on a 1⁄2 acre of land, which hosts their production office and warehouse.
The owners are planning to retire after a successful transition to a new buyer
7am-4pm, Monday to Friday
Owners are open to reasonable transition requirements, to help ensure relationships with suppliers, customers and employees are maintained, and to ensure a successful overall transition.
Negotiable for the right buyer
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