
New
Building Supplies Manufacturing Business for Sale Toronto
Revenue:
$8,600,000
Ref #:
5138
Location:
Greater Toronto Area
- Unique opportunity to own a 75% stake (or up to 100% stake) in a Building Products manufacturing & installation business with the existing minority 25% co-owner potentially remaining as the operating partner for at least one year or more
- Business has experienced a significantly higher work pace post COVID along with significantly increased pricing for clients
- Average revenue of approximately $7M and average owner discretionary income of approximately $1.2M during last four financial years, with revenues in the trailing 12 months ended December 31, 2022 being approximately $8.7M and discretionary earnings in the trailing 12 months ended December 31, 2022 being approximately $2M
- Business has a 6 Month ended December 2022 trailing discretionary earnings of approximately $1.5M
- As of January 2023, Seller has over $13M of work on hand
- Business price includes working capital of approximately $900K and equipment of approximately $1M
- Seller will consider up to 20% Vendor Take Back (VTB) financing for a qualified buyer
- Full-service Building Products manufacturing & installation Business established in GTA for more than 30 years
- Business has a high level of customer stickiness because of high barrier to entry
- Systems in place to operate the business with limited involvement from the non-operating partner
- Client base primarily consists of builders, including custom builders
- Business has a loyal client base with approximately 90% of annual sales coming from repeat customers
- Huge potential to grow business by leveraging current brand through geographic expansion
- Staff of 55 FT & 3 PT employees excluding the non-operating owner
- Operates from 20,000 Sq. Ft. leased facility
- Current non-operating owner is looking to exit from the business to pursue other interests, and is willing to stay as a consultant for a negotiable period of time