- The company has hundreds of clients who are diversified throughout the Canadian economy.
- The business was founded in 1985, and the current ownership bought the company in 1999.
- It enjoys a strong reputation as a specialty manufacturer that is knowledgeable in its specific field.
- No customer represents more than 30% of total revenue with the Top 10 representing 50%.
- The company services a wide range of industries from transportation, defense, automotive, to general.
- Fully operational e-commerce website.
- An excellent turnkey opportunity for an owner operator, or for a complementary business as a strategic bolt-on.
- A buyer should have sales/marketing and technical skills.
- Asking Price:
- $850,000 (CAD) Furniture / Fixtures included
- Sales Revenue:
- $2,400,000 (CAD)
- Cash Flow:
- $300,000 (CAD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
14.70/ft. sq. + $3.75 TMI. To 2027 with potential extension
- Location:
-
West GTA
- Premises Details:
-
Leased premises
- Size in square feet:
- 8,000
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Several areas for expansion including defense and transportation sectors
- Competition / Market:
-
Limited due to product offering
- Reasons for selling:
-
Retirement/ Semi-Retirement
- Trading hours:
-
M-F 8-5p
- Employees:
- 8 Full Time
- Years established:
- 1985
Other Information
- Support & training:
-
Transitional Assistance included in selling price with potential for an ongoing consultation agreement
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Potential for modest vendor financing
- Furniture / Fixtures value:
- $100,000 (CAD) - included in the asking price
- Inventory / Stock value:
- $385,000 (CAD)
- Relocatable:
- This business can be relocated
