$4,100,000
Business Type: Distribution / Dist-Industrial Products
Distribution / Dist-Industrial Products
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 19 competent senior individuals who will continue with the business. Revenue over the past 4 years is increasing and has averaged over C$10.58 Million. A significant firm order backlog position exists. Normalized Cash Flow [Sellers Discretionary Earnings] has increased and averaged C$978K over the last 4 years and was over C$1.61 Million in FY2016. 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. Fabrication shop expertise could be leveraged for expansion into related sectors. The business can be operated and maintained by the current local management team after owner transition.
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