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Mfg. of Comm. Floor Machines & Industrial Vacuums for sale in Ontario, CAN

Ontario, CANADA (CAN)

Asking Price: Gross: Cash Flow:
$ 890,000 $ 1,770,893 $ 260,198

Furniture and Fixtures Value:
$ 4,510 (not included in the asking price)

Inventory Value:
(not included in the asking price)

Real Estate:
(not included in the asking price)

Business Summary:
This is a well-established Canadian manufacturer of commercial floor machines and industrial-grade vacuum systems. With over 60 years of continuous operation, the business has built a strong reputation for durable, multi-function equipment trusted by institutional, commercial, and professional cleaning customers across Canada. The business is uniquely positioned as the only domestic manufacturer in its category, benefiting from strong “Made-in-Canada” demand, long-standing distributor relationships, and a loyal base of repeat end-user customers. The company generates consistent revenues with attractive gross margins and has demonstrated resilience and adaptability across multiple economic cycles. Day-to-day operations are efficient and well understood, supported by an experienced team and proven production processes, providing a smooth transition for a new owner while offering clear and achievable opportunities for growth, particularly through the continued expansion of direct-to-consumer sales and deeper penetration of institutional markets.

 

   
Year Business was Established: 1965
   
Number of Employees: 9 FT/1 PT  
   
Facilities / Terms of Lease: The company operates from a clean, well-organized 11,000 sq. ft. leased facility that comfortably supports its manufacturing, assembly, and administrative functions. The space is laid out in a practical and efficient manner, allowing materials, production, and shipping to move smoothly without unnecessary complexity. Currently operating at approximately 60% capacity, the facility provides meaningful room for a new owner to scale production without the need for immediate capital investment, expansion, or relocation. With appropriate infrastructure in place to support distribution and logistics, the facility offers a reliable and cost-effective operating base capable of supporting both current operations and future growth initiatives.  
   
Potential Growth/Expansion: The business is well-positioned for continued growth across multiple channels, supported by a diversified customer base and a scalable operating model. Currently, approximately 69% of sales are generated through an established network of roughly 150 cleaning supply distributors across Canada and select U.S. markets, while the remaining 31% comes from direct sales to end users. The direct sales channel represents the most compelling near-term growth opportunity, as it is expanding rapidly and delivers the highest margins. With no single customer accounting for more than 9% of total sales, the company benefits from low customer concentration risk and a stable revenue foundation. Beyond its existing customer base, the addressable market remains substantial. Canada is home to more than 34,000 commercial cleaning businesses, many of which are smaller operators that prefer to purchase directly from manufacturers, aligning well with the company’s direct-to-customer strategy. The business has also demonstrated success within the education sector, supplying equipment to major Canadian school boards through its distributor network. With over 14,600 public schools in Canada and more than 128,000 schools in the United States, this proven institutional sales model offers significant room for expansion. Additional growth potential exists in largely untapped institutional markets such as healthcare facilities, universities, airports, and government buildings, where buyers place a premium on Canadian manufacturing, dependable supply chains, and responsive service. Over the longer term, once trade conditions stabilize, the U.S. market presents a meaningful expansion opportunity, offering a market size many times larger than Canada and providing a clear runway for sustained growth.  
   
Competition: The competitive landscape includes a range of international manufacturers and lower-cost imported products, many of which compete primarily on price and volume. While these alternatives are widely available, they often lack the consistency, service support, and long-term reliability valued by professional and institutional customers. This business stands apart through its long-standing presence in the market and its reputation for dependable, well-built equipment that performs consistently over time. With decades of operating history, established distributor relationships, and a loyal customer base, the company is viewed as a trusted and stable supplier within the industry. Buyers often prioritize this reliability and continuity, particularly in commercial and institutional settings where equipment uptime, parts availability, and ongoing support are critical, giving the company a durable competitive position despite the presence of lower-priced alternatives.  
   
Owner willing to train: Will train for 4 weeks @ $0 cost.  
   
Reason for selling: Owners Retiring.  
   
Seller Reference Number: 9203-19291
BusinessMart.com Listing Number: 320655
 

 

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For more info contact:

Evelyn Correa

Murphy Business & Financial Services
727-725-7090

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