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Millwork Business In Gta For Sale

Greater Toronto Area, Ontario, Canada
Asking Price:
$1,148,000 (CAD)
Sales Revenue:
$1,800,000 (CAD)
Cash Flow:
$523,000 (CAD)

- Profitable and reputable commercial Millwork business in GTA

- Business originally established over three decades ago

- Core products include custom millwork furnishings for commercial establishments like Hotels, Offices, Daycares, Schools, Shopping Malls, Banquet Halls etc.

- Revenue of over $1.8M and owner discretionary income of $523K in fiscal YE 2021

- Current fiscal year is on track of surpassing last year sales with over $1.3M in sales achieved in the first 5 months

- As of June 2022, business has more than $279K in signed contracts in place

- Approximately 90% revenue comes from commercial clients and 10% comes from residential clients

- Provides great customer service to its clients and has become go-to custom millwork shop for general contractors, landlords, builders and renovators of high-end commercial properties in its niche market

- Staff of 7 FT and 2PT employees and business hires additional staff from temp agencies when needed

- Huge potential to grow business by leveraging the current brand without the need for increase in advertising spend

- Business owner(s) are passively involved in the management of the business. However, if desired by the new owner(s), they are willing to stay as a consultant for a negotiable period of time

Property Information

Real Estate:

Lease

Contact Nitin Khanna

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