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Manufacturer & Wholesaler Of Residential Doors (Real Estate) For Sale

Lower Mainland, British Columbia
Freehold Price:
$4,590,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Lease Asking Price:
$1,790,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$6,000,000 (CAD)
Cash Flow:
$250K - $500K (CAD)

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)

Property information

Real Estate:

Available as lease or with real property included

Location:

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.

Premises Details:

Free‐standing, 15,000 square‐foot building situated on a 1⁄2 acre of land, which hosts their production office and warehouse.

Size in square feet:
Building: 15,000 sq ft; Land: 1/2 acre

Business Operation

Expansion Potential:

see CIM

Competition / Market:

see CIM

Reasons for selling:

The owners are planning to retire after a successful transition to a new buyer

Trading hours:

7am-4pm, Monday to Friday

Employees:
19
Years established:
32

Other Information

Support & training:

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.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable for the right buyer

Furniture / Fixtures value:
$30,000 (CAD) - included in the asking price
Inventory / Stock value:
$530,000 (CAD) - included in the asking price
Related Documents:
Lease asking price:
$1,790,000 (CAD) - Furniture / Fixtures and Inventory / Stock included

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