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.
Business ID: GUEL0028
Business Category: Fabricated Metal Product Manufacturing
Location: Ontario, Southwestern Ontario, Southwestern Ontario
Status: New
Year Established: 1985
Franchise: No
Number of Employees: 11
Asking Price: $ 2,650,000
Gross Revenue: $ 3,034,000
SDE: $ 861,043
FF&E (included): $ 1,100,000
Inventory: $ 200,000
EBITDA: $ 761,043
Down payment: On request
Occupancy Cost: $ 25,000
