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Mar 21, 2018 — Internationally renowned Canadian manufacturer of Recreational Sports Equipment with customers located throughout Canada, the United States and Europe. The company is a leader in its industry with a complete line of world class products that are enjoyed and loved by consumers around the world. The company has a modern website and comprehensive catalogue.
Comprehensive training, if required, will be provided by the owners to assure a smooth transition. The business is staffed with highly competent, loyal and skilled employees, ensuring a product of excellent quality.
This is an ideal opportunity for an individual or group who wants to acquire a well establish and respected manufacturer. The buyer will likely be passionate about the industry and have the desire to continue to grow sales, margins and profits for years to come.
Type of Sale: Share sale
Share sale Price: $1,150,000
Working capital included: $360,000
Capital Assets (NBV 2017): $649,000
EBITDA (normalized): $254,064
Sellers DE (normalized): $314,064
Building: Not included
Employees: 18-22 (incl. owners)
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