This growing and highly profitable manufacturer of metal components is located in Southwest Ontario. The business has been in operation for over 35 years, and the current owners have had it for over 20 years. The business owners also own the building and land used by the business. The operations are housed in two adjacent buildings on about 2 ½ acres of land. The owners expect to enter into a long term lease with the buyer of the business, although they may also consider granting an option to purchase the real estate in the future at the then-current market price. Following a one-year COVID disruption, revenues and profitability are better than ever. The business is expected to be transferred with a very healthy Balance Sheet, including equipment with a fair market value of about $1.1 million, and Working Capital of $700k (includes $200k in Inventory). The facility has lots of room to support additional revenue, and the workforce is stable, well-trained, and capable.
Financial Information
$2,650,000
Asking Price
$861,043
Cash Flow
$3,034,000
Gross Revenue
Negotiable
Down Payment
Business Location
City:
Confidential
State:Ontario
Reason for Sale
Retirement
Detailed information
Year Established:1985
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 11
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
$761,043
Inventory Included: Yes
Inventory Value:
$200,000
Monthly Rent:
$25,000
Real Estate Available: No
Real Estate Included: No
Real Estate Value:
$0
Building Size: 24000
FF&E Included?: Yes
FF&E Value: $1,100,000
Training/Support
Available
Facilities
Two adjacent buildings on approximately 2 1/2 acres of land
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