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Manufacturing household products in the Greater Toronto Area


This  long established company manufactures household cleaning products and distributes them through large American and Canadian big box retailers and smaller distributors. The company has  recurring sales contracts with its customers with high switching costs for customers.

Thanks to recent declines in the Canadian dollar exchange rates, the company has gained a huge competitive edge in their US exports. Orders from new and potential US customers are increasing and the company is expecting tremendous growth as a result. The company has been able to consistently deliver higher quality products thanks to its well trained workforce, specialized equipment and variety of molds.

Current owners are willing to remain as minority partners for a reasonable period to help in the transition to the new owner and take advantage of the current growth. Sellers are looking for a well funded Buyer who can afford both acquisition costs and the required additional working capital/equipment to sustain the the projected growth.



Listed By: Omar Kettani

Background information

Reference:

1010101

Year established:

1980

Reason selling:

Retirement

Finance

Sales:

$500,000

EBITDA:

$10,000

Profit type:

SDE

Operations

Employees:

10 employees.

Inventory:

$200,000

Premises

Facility:

Great location in the industrial district.

Square footage:

10000.0

Rent and lease terms:

$60,000

Price and terms

Price:

$250,000

Down payment:

$500,000

Financing:

VTB $500,000

Training:

Seller will train for 30 days