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Light Industrial Sales And Service Business For Sale

Mississauga, Ontario
Asking Price:
$899,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,700,000 (CAD)
Cash Flow:
$265,000 (CAD)

This long established business sells, installs and services a residential, commercial and industrial product. This business has over 35 years of industry experience and enjoys an excellent reputation in the industry with many repeat customers. They sell quality custom products at competitive prices but still has excellent profit margins. They provide emergency service 24/7 and serve several communities across GTA from Hamilton to Toronto to Oshawa. They have qualified and dependable employees and solid contractors.
The business was started by its current owner but after health problems he has scaled the business back and mostly retired.
Their location is central to all geographic markets with easy access to the 401. They currently use 50% of the facilities so there is plenty of room for expansion.
Generally all sales are 50% deposit with the remainder due upon completion.
The success of the business has been attributed to its diverse customer base, dependable people, fair pricing & contracts, its reputation for quality, its knowledge of the industry, and its superior customer service. They have developed a great list of repeat customers that contribute to making the business grow.
A new buyer should have some basic knowledge of the construction industry including knowledge in marketing and sales. He or she should also be good with people as dedication to customer satisfaction and being prepared for some “hands on” service is key for repeat customers and referrals.
A new buyer should also be able to manage, inspire and interact with workforce. Teaching and mentoring skills are ongoing to strengthen employee relationships.
A new buyer could be Owner/Operator that is looking for a company that is easy to run with the possibility of significant and quick growth. Or a buyer could be a Competitor looking for a company to add to their infrastructure and could pay it off quickly with lower overhead.

Business Operation

Employees:
10
Years established:
38

Other Information

Furniture / Fixtures value:
$25,000 (CAD) - included in the asking price
Inventory / Stock value:
$80,000 (CAD) - included in the asking price

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