• Established Stucco Manufacturing company, located in the GTA. with 2 employees
• Fully equipped 6,000 sf plant in industrial area, (appraised value of equipment: $235K)
• Manufacturing exterior and interior stucco décor products like: trims, columns, sills, etc.
• Great potential to grow this business by adding stucco related products like mesh, Styrofoam, basecoat cement and pain
to make a one stop shop for contractors.
• The business is suitable to anyone with experience or passion for the construction industry
• Training provided. Inventory approx, $55,000
• Financing up to $200,000 could be arranged
•
- Asking Price:
- $280,000 (CAD) Furniture / Fixtures included
- Sales Revenue:
- $376,000 (CAD)
- Cash Flow:
- $120,000 (CAD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
April 2023 + option to renew
- Leasehold Rent:
-
$57,000 (CAD) per annum
- Location:
-
Industrial unit
- Size in square feet:
- 6,000
Business Operation
- Reasons for selling:
-
Moving overseas
- Trading hours:
-
M-F 7-5pm, Sat 7-12.30pm
- Employees:
- 2 employees plus 1 owner
- Years established:
- 2005
Other Information
- Support & training:
-
Owner will train fo 30 days
- Financing available:
-
Bank financing could be obtained up to $200,000
- Furniture / Fixtures value:
- $235,000 (CAD) - included in the asking price
- Inventory / Stock value:
- $55,000 (CAD)
- Relocatable:
- This business can be relocated.
