- Product Manufacturing business established in Waterloo Region for more than 17 years
- Core business is to manufacture & supply a high-priced product accessory with an average price of approximately $7K per accessory
- Business has demonstrated a strong market share with a good reputation within the industry for customer service and delivery times
- Business was acquired by the current owner approximately 3 years ago, and the business experienced a surge in revenue after acquiring the business given the current owner’s focus on increasing revenues. However, personal life changing events in the last couple of years has resulted in the owner wanting to exit the business; however, the owner is willing to stay for a transition period and/or consultant for a negotiable period of time.
- Business has reported revenues of approximately $850K to $1.5M in the last 3 financial years, with projected revenue in FY2023 being approximately $850K.
- Owner discretionary income was $467K in FY 2022 (12 months); and, approximately $268K in FY 2023 (10.5 months ended November 15th, 2023)
- Business price includes assets of approximately $300K, comprising of inventory of approximately $150K, and equipment of approximately $142K
- Business has a diversified client base with no single client leading to majority of business revenue every year
- Staff of 2 non-unionized tenured employees (excluding owner) provides a substantial depth of talent
- Business operates from a 6,000 Sq. Ft. leased facility
- Huge opportunity to scale the business to next level by using their current platform as a baseline to expand into other industries
- Current owner is willing to stay for a transition period and/or consultant for a negotiable period of time
- Email Us : [email protected]
