- Unique opportunity to own a 75% stake (or up to 100% stake) in a Building Products manufacturing & installation business with the existing minority 25% co-owner potentially remaining as the operating partner for at least one year or more
- Business has experienced a significantly higher work pace post COVID along with significantly increased pricing for clients
- Average revenue of approximately $7M and average owner discretionary income of approximately $1.2M during last four financial years, with revenues in the trailing 10 months ended April 30, 2023 being approximately $8.9M and discretionary earnings in the trailing 10 months ended April 30, 2023 being approximately $2.5M
- Business has a 6 Month ended April 2023 trailing discretionary earnings of approximately $1.6M as of April 2023, Seller has over $15M of work on hand
- Business price includes working capital of $900K and equipment of approximately $1M
- Seller will consider up to 20% Vendor Take Back (VTB) financing for a qualified buyer
- Full-service Building Products manufacturing & installation Business established in GTA for more than 30 years
- Business has a high level of customer stickiness because of high barrier to entry
- Systems in place to operate the business with limited involvement from the non-operating partner
- Client base primarily consists of builders, including custom builders
- Business has a loyal client base with approximately 90% of annual sales coming from repeat customers
- Huge potential to grow business by leveraging current brand through geographic expansion
- Staff of 47 employees & 17 subcontractors excluding the non-operating & operating owners
- Operates from 20,000 Sq. Ft. leased facility
- Current non-operating owner is looking to exit from the business to pursue other interests, and is willing to stay as a consultant for a negotiable period of time
- Email Us : [email protected]
