Overview
• The company is a long-standing manufacturer of access system and revenue control solutions with a robust dealer network across North America. Its diverse product range, certified quality standards, and in-house fabrication capabilities ensure both reliability and scalability. Supported by an experienced workforce and established infrastructure, the business offers a compelling acquisition opportunity with strong foundations for sustainable growth and profitability.
Business Highlights
• Established Track Record: Operating since 2009 with a strong reputation with diverse product offering in access control and revenue management systems, all QPS/CSA certified.
• North American Distribution: B2B, with 20–30 authorized dealers and distributors providing broad market reach.
• Customization & Local Assembly: Capacity for custom-built solutions with local fabrication and assembly, enabling competitive pricing and short delivery timelines.
• Scalable Operations: Business model not reliant on ownership with experienced staff in place.
• Experienced Team: 4 employees, non-unionized, including long-tenured staff in fabrication and welding, assembly, and management.
• Attractive Market Position: Positioned in the growing security and access control industry, with recurring demand through established dealer relationships.
Financial Performance
• The company achieved approx. $1.1M in average revenue and $211K in average Seller’s Discretionary Earnings during the past 3 fiscal years, supported by a strong 39% average gross margin.
Growth Potential
• Significant opportunities include expanding geographic reach, increasing marketing efforts to boost brand visibility and lead flow, and broadening service offerings to capture new customer segments.
Sale Rationale & Transition
• Current owner retiring, presenting an opportunity for a strategic buyer to build on an established platform. Open to supporting a smooth transition and may consider seller financing for qualified buyers.