This is a successful, profitable commercial motor distributor and fabricator operating under a functional geographic exclusive. The owner founded the company over 20 years ago and has built a team of 10 competent senior individuals who will continue with the business. Revenue over the past 4 years is increasing and has averaged over $10.57 Million. A significant firm order backlog position exists. Normalized Cash Flow [Sellers Discretionary Earnings] has increased and averaged $920K over the last 4 years. The top 10 customers generally contribute between 50% - 65% of total Revenue. This opportunity would suit a company wishing to expand into Canada or into this commercial customer set with a complimentary product line. The business can be operated and maintained by the current local management team after owner transition.
Asking Price $4,100,000
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