Established Canadian businesses - For Sale by Owner - in Canada
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Listing # 44121003
Business For Sale
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High-End Stairs And Railings Business For Sale - Retiring Owner - Ref #1896
$2,700,000.00 (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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Revenue : $3,100,000
Asking Price: $2,700,000
Ref: 1896
Location : Ontario - GTA*Company: Very Profitable, well-established company in a high-end/custom stair and railing industry in GTA for over 30 years is available for sale due to retiring owner
*Niche Operating Industry: High-end/Custom stair and railings company involved in both manufacturing and installation phases. Started out specializing in wood products and expanding later into both metal and glass offerings.
*Consistent Profitability: Company has a multi-year track record of profitability, with the last year (Year-End March-2023) revenue of around $2.9M and seller’s discretionary earnings (SDE) approximately $900k
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*Excellent performance for the present year (as per seller): For Y2023-2024 projected Revenue is around $3.1 million (30-35% higher than the pre-COVID levels) and projected SDE is around $940k
*Loyal Client base: 70+ long-term customers (high-end builders and wealthy residential customers). For Year-End 2023, 85% of annual sales were generated from repeat clients (especially builders)
*Distribution of Revenues: Annual revenues are approximately 85% from high-end builders and 15% remote clients
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A typical project would average between $10k-$30k and can often scale much higher *Geographical Coverage: 85% of annual revenues are generated from GTA projects, 15% from North of GTA (high-end homes and cottages in Muskoka, Simcoe county, Wasaga, etc.)
*Growth Opportunities: Exist by undertaking more projects from existing (long-term) clients or by implementing a more aggressive marketing to expand the client base. Business is continually rejecting extra work
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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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