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Retirement Window Manufacturing Business In Ottawa For Sale

Ottawa, Ontario, Canada
Asking Price:
$1,498,000 (CAD) Inventory / Stock included
Sales Revenue:
$1,800,000 (CAD)
Cash Flow:
$405,000 (CAD)

- Full-service window and door business established in Ottawa for more than 30 years

- Core products include aluminum windows, entrance doors, terrace doors, sliding windows, casement, awnings, curtain walls etc.

- Core clients includes property managers, condo corporations, builders and landlords

- Average revenue of over $1.8M and average owner discretionary income of $405K during last four years

- Seller has approximately $2.5M of contracts on hand, seller expects discretionary earnings in the current fiscal year will be approximately $500K

- Business price includes inventory of $750K and equipment of $1.25M

- Approximately 85% revenue comes from window sales and 15% comes from door sales

- Almost 90% revenue is generated product manufacturing and 10% from installation services

- All dies and parts are owned by the business, and products are developed exclusively for the business

- Staff of 7 FT non-union employees including the owner

- Huge potential to grow business by leveraging the current brand and by providing installation services

- Operates from 18,000 Sq. Ft. leased facility

- Current owner is looking to retire and is willing to stay as a consultant for a negotiable period of time

Property Information

Real Estate:

Lease

Location:

Ottawa

Business Operation

Reasons for selling:

Retirement

Other Information

Inventory / Stock value:
$750,000 (CAD) - included in the asking price

Contact Nitin Khanna

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