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NEW

Retirement - Window Manufacturing Business

Revenue:

1,700,00

Ref #:

40546

Location:

Ottawa

* Full-service window and door business established in Eastern Ontario for more than 30 years

* Core products include aluminium 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