Established Canadian businesses - For Sale by Owner - in Canada
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Listing # 44716001
Business For Sale
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Marble And Stone Manufacturing Business For Sale - Retirement - Ref #90521
$4,500,000.00 (Cdn)
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Business Location: Toronto Area
Postal Code: M4C
Relocatable: No
Business Categories:
Construction & Renovations
Industrial Manufacturing & Service
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*Company: Based in Greater Toronto Area (GTA) - well established with 18 years in operation - owners with 40+ years experience *Strong growth in revenues/profitability: Last year (Year-End Aug-2023) revenue at around $4.1M and seller’s discretionary earnings (SDE) approximately $1.14M. Based on the present performance, as per the seller, the forecast for YE 2024 are for revenues to grow to $5.17M and SDE to approximately $1.78M *Industry: Already one of the main players in the GTA, the company is a custom fabricator of granite, quartz and porcelain countertops with a strong reputation in the industry *Revenues: Mainly based on low-rise residential builders in combination
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*Geographical Coverage: Most of the projects and services offered are in Greater Toronto and surrounding areas *Growth Opportunities: Exist by increasing the workforce, undertaking more projects from existing and new clients, expanding geographically beyond GTA and/or by implementing a more aggressive sales/marketing strategy to expand the client base *Staff: Owners included – a non-unionized staff of 14 full-time employees. Key employees have been with the company for last 5-10 years
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*Owners’ Role: Owners’ key role is to handle overall management of the company, sales, estimations and oversee production *Marketing: Most of current revenues are generated through existing clients and referrals, with very minimal marketing *Smooth Transition: Owners are planning to retire, hence looking to sell the business - Willing to stay on board for a negotiable period (3-6 months) to assist with the transition of the business
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INCLUDED, EXCLUDED & OPTIONAL |
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- INCLUDED in the Price - |
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- Check with Seller -
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