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Businesses For Sale > Business For Sale in Ontario, CANADA (CAN)

Machine Component Fabrication for sale in Ontario, CAN

Ontario, CANADA (CAN)

Asking Price: Gross: Cash Flow:
$ 3,625,000 $ 4,882,999 $ 936,842

Business Summary:
Located in the greater Toronto metropolitan area, this company manufactures and fabricates emission control devices for vehicles, heavy equipment, and power generators. The business operates out of a 15,000 square-foot facility and uses state-of-the-art equipment and techniques to fabricate components that are used in both new equipment as well as retrofits. The business also operates a satellite operation in Washington state, through an American subsidiary. This American subsidiary generates significant business and allows the business to bid and perform jobs for government entities who prefer to deal with American businesses. Since it was founded in 2016, this business has seen sales increase by at least $1 million year over year, and it made over $4.8 million in 2019. The fabricated components are sold to distributors and customers all over Canada, the United States, and worldwide, and 75% of sales are made to repeat customers. Growth opportunity would include hiring a dedicated salesperson and marketing, as most current work is from repeat customers and through word-of-mouth advertising. The business could also be grown by expanding and growing the American subsidiary in Washington and expand to surrounding states.

 

   
Year Business was Established: 2016
   
Number of Employees: 13  
   
Facilities / Terms of Lease: Shop and office space  
   
Potential Growth/Expansion: Hiring salesperson, increasing marketing, and expanding US sales  
   
Owner willing to train: Negotiable  
   
Reason for selling: Retirement / Other Opportunities  
   
Seller Reference Number: MFG003
BusinessMart.com Listing Number: 256003
 

 

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For more info contact:

Cortney Sells

The Firm
4029985288

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