Industrial and Automotive Retail & Wholesale Supplier – Business for Sale

Business Description

The Company has been providing a Northern Ontario area with a wide range of Industrial and Automotive parts and supplies for over 25 years. The Company operates from 2 locations in neighboring communities and has a repeat customer base consisting of the largest employers in their area, including highly reputable mining, forestry, construction, automotive and energy companies as well as municipalities, among others. The Company owns the Real Estate in each respective location, which collectively total ~12,900 sq. ft. The Sellers have fine-tuned their product offering in each location over the course of the last 25 years, tailored to best-suit the needs of customers in the area. The Employees are well-trained, trusted and knowledgeable and are considered an asset by the Sellers. The Sellers are looking to retire and will ensure support, training, and knowledge transfer for an agreed upon transition period.

Details

Business ID: NONT0022
Business Category: Merchant Wholesalers, Durable Goods
Location: Ontario, Northeastern Ontario, Northern Ontario
Financing: Available
Status: New

Company Information

Year Established: 25
Franchise: No
Number of Employees: 9

Financial Information

Asking Price: $ 1,700,000
Gross Revenue: $ 3,894,000
SDE: $ 600,000
FF&E (included): $ 125,000
Inventory: On request
EBITDA: $ 500,000
Down payment: $ 500,000
Occupancy Cost: $ 60,000

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