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Industrial Products Distribution Center for sale

The Affordable Business Partner Providing affordable, innovative Family Business buying & selling help throughout Alberta & Saskatchewan Western Canada Industrial Products Distribution Center. Investment Level. Open to respectful offers Share Sale Annual Revenue Last Fiscal Year: $2,724,112 Sellers Discretionary Earnings Last Fiscal Year: $ 277,786 After 70 years this second-generation family business is now available for purchase. The current owners wish to retire and are ready to transition in new ownership. Products & Client base The company sells a wide arrange of industrial products to a network of over 1,500 independent stores, warehouses, national and regional chains. Sales Nearly 70% of all sales are generated in Ontario & Quebec. The company uses a network of sales reps that manage and maintain regular communications with their client base.The Company’s head office (which can be relocated) is in Western Canada. New owners could add growth by investing in a newer updated website, on-line ordering system, and additional sales focus into B.C. The share sale will include: • A commercial building & property appraised at $570,000 • Equipment/furniture of $82,120 • Working Capital of $925,000 (includes $600,000 of saleable inventory) Interested parties will be asked to complete a Buyer’s Profile and sign an NDA prior to confidential information being released. Thank you for your interest!

Ad #
39496102
Posted
April 20, 2022
Expiry
July 19, 2022
Status
SOLD
Details
Commercial Seller
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