BUSINESS FOR SALE: Manufacturing (wood-based product line)
Langley, BC
Serving customers across Canada
Asking Price: $1,695,000
Seller willing to accept 75% paid at closing and 25% paid in 5 years
Working capital included = $372,982 (sufficient accounts receivable and inventory)
Assets included = $225,197 value (depreciated on balance sheet to $34,010)
* Owners willing to stay employed for 2 years after the sale, at current salaries
REVENUE
2021: $1,992,961
CASH FLOW
2021: $528,847
* 10+ Years in Business
* No additional working capital required
* No bad debts
* No capital expenditures required
* Great staff in place
* High-end residential customers & commercial customers
* Long-term repeat customers
* Good gross margins
* High barriers for new competitors
* $400K+ in signed contracts at any given time
Serious inquiries only. | Signed NDA required.