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An opportunity to take over a successful and profitable manufacturing business which produces products for export. The business has been running with the current owner since 1990. The owner is looking to retire and will provide full training and can stay in the business for up to 1 year to transition the new owner.
Sales for 2021 (first, second and third quarter only - 9 months) - $2,2m with projections to reach over $3m.
Sales for 2020 - $1.27m
Sales for 2019 -$1.1m
SDE 2021 - 9 months - approx. $930k with Projections to be over $1.2m for the year.
SDE 2020 - $373,000
SDE 2019 - $460,506
12 employees plus owner.
to be discussed
$30,000 (CAD) per annum
The business currently operates from a 6,000 sq. ft. facility owned by the business owner which will be leased back to the Buyer for $2,500 plus GST plus Property Taxes and plus property Insurance per month. The business can operate from anywhere and can be easily expand into another manufacturing location to increase production.
Setting up more manufacturing facilities either locally or around the world.
Monday to Friday 8am - 4:30pm.
Training and transition is available by the current owner for up to 1 year. Owner wants to stay on and continue designing new products.
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