New
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