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 $600,000 (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
- Workforce: The business currently employs 6 (4 Full time) non union workers, including the Owner(s)
- Owner Roles: Owner(s) currently responsible for Overseeing Operations, Sales, Estimations and Purchasing
- 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
- Smooth Handover: Current owner is looking to retire and willing to stay for a reasonable period to ensure a seamless transition
- Operation Stability: The business has a long-term supervisor who efficiently handles the day-to-day operations, ensuring continuity and efficiency