Business Overview
• Established Legacy: Reputable and profitable Building Products manufacturing business operating in Southwestern Ontario for more than 30 years
• Primary Operation: Business primarily manufactures exterior house products such as garage door frames, columns, brackets, gable details etc.
Deal Highlights
• Inclusive Assets: Purchase price includes furniture and fixtures, equipment and vehicles valued at approximately $500,000 (as per the seller)
• Flexible Financing: Limited seller financing available for qualified buyer(s)
Business Snapshot
• Robust Revenue: Revenue for 2024 is approximately $1.3 million, average revenue last 3 years is approximately $1.26 million
• Strong Earnings: The Seller’s Discretionary Earnings (SDE) averaged approximately $386,000 over the last 2 years
• Workforce: The business currently employs 4 Full time non union workers, including the Owner(s)
• Loyal Client Base: Built good loyalty with clients and has over 80% repeat business from existing customers
• Growth Opportunity: New upcoming projects in the area with existing clients or by implementing a more aggressive marketing to expand the client base
Transition & Future
• Operation Stability: The business has a long-term supervisor who efficiently handles the day-to-day operations, ensuring continuity and efficiency
• Smooth Handover: Current owner is looking to retire and willing to stay for a reasonable period to ensure a seamless transition
