Our client is a manufacturing company servicing commercial and residential clients across Western Canada.
Boasting a strong history of over 27 years of history, our client has established themselves as niche service providers within their sector.
Considering the industry and size of the business, this is an ideal opportunity for a buyer who wishes to take this business to a new level as profits can easily see a significant increase with an improved focus on sales and marketing and minimal operational investment.
Revenues for this company over the past 6 years have been between $770k -$1.03mm whereas the average cash flow is approximately $287k/year (after the owner’s salary). In spite of the fact that 2020 was an extreme year for numerous lower-mid-market businesses, our client only experienced a minor dip in revenue and EBITDA…demonstrating their recession-proof capability. Revenue and EBITDA are expected to surpass the previous year’s levels almost immediately.
A major strength of this company is the ability to automate and streamline its expenses. Over the past 6 years, expenses have been decreasing at an average rate of 10.5% per year over whereas the normalized profit margins have been increasing at an average rate of 25% per year.
• Annual Revenues: ~$951,843k
• EBITDA: ~$287k
• Working capital included (cash or near cash): ~$124k
• Asking price: $1.1mm.
OTHER COMPANY HIGHLIGHTS
• A Strong commitment from the current owner to ensure a smooth ownership transition.
• Outstanding reputation for producing a high-quality product.
• Diverse Customer base: The largest customer represents less than 17% of overall revenue.
Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.