Specialized Roofing Manufacturer and Installation Company for Sale in Southwest Ontario

Listing ID:
TORONCT001-N17

Confidential, Ontario, Canada

Manufacturing - Metal, Machinery, Computer, Electronic

Listing Status: Active

Sunbelt of Toronto Center

Phone: 416-360-0404
Fax: 1-866-643-3154

The following broker is assigned to this listing:

Jack Elias

jack.elias@sunbeltcanada.com

Description

This well-established and profitable Manufacturing/Installation business is located in newly renovated premises. Both the office and manufacturing facility are located on 2 adjacent secured properties in Southwestern Ontario. The company has developed a superior product that gives it a competitive edge in the market, using leading edge-technology and superb installation methods. The proprietary product was designed in house to provide the best quality roof available. The shakes and trim panels are manufactured in their own facility and coated in a tough, extremely durable GDM finish. The shingles are stylish, extremely long-lasting, and come in a range of colours. After over 30 years in business the owners are looking to retire. - Annual revenues of $5M (other than Covid 2020) - Several additional growth opportunities - EBITDA in 2021 $783,000 - FF&E included with Book Value of $327,000 (cost of replacement would be $1.5 Million) - Inventory $270,000 Included - Real Estate - leased (long term if desired) - Well maintained Machinery and Equipment - Established sales team and platform - Established in the area for over 30 years - Asking Price $2.2M

Financials

Asking Price:$2,200,000
Revenue:$5,000,000
Cash Flow:$783,000
Downpayment:$0
Monthly Payroll:$0
FF&E Asking Price:$327,000 (Included in Asking Price)
Inventory Asking Price:$270,000 (Included in Asking Price)
Financing Available?Yes

Property

Type:Leased
Building Size:N/A

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:2004
Year Acquired:2004
Full-Time Employees:16
Part-Time Employees:N/A
Reason For Sale:Retirement