Distribution Company for Industrial Parts - Supplier and Rebuilder

Listing ID:
TORONON002-N511

Confidential, Ontario, Canada

Other Commercial and Industrial Machinery and Equipment Rental and Leasing

Listing Status: Active

Sunbelt of Toronto, West

Phone: 905-602-5003
Fax: 519-489-2755

The following broker is assigned to this listing:

Robert Mitchell

rob.mitchell@sunbeltcanada.com
Cell: (519) 820-9043
Real Estate License ID: 4745032

Description

This company specializes in the distribution of quality heavy-duty products for industrial, transit and heavy-duty applications throughout the globe. Providing customers with high quality, brand names from OEM manufacturers at affordable prices. They market primarily to the Bus Industry, as well as Heavy Duty Industrial, EMS/Fire, Commercial Trucking & Refrigeration, Commercial Fishing & Marine, Mining, Agriculture, Ariel Lift and Material Handling Industries. This company has an excellent reputation in the industrial and commercial industries with a well-established customer base, and an excellent rapport/partnership with its suppliers. They have been awarded several multi year Transit Authority contracts with options for extension and renewal. Their primary service area is Canada and the USA however their export business to regions all over the world has grown exponentially. They business has enjoyed stable sales and solid profit margins and current YTD shows significant growth of sales and profits over last year’s same period. Exceptionally strong balance sheet with no long term debt. Excellent location with world class facilities. After years of experience and a growing profitable business with solid profit margins and no long-term debt, the owners would like to retire.

Financials

Asking Price:$1,700,000
Revenue:$4,000,000
Cash Flow:$675,000
Downpayment:$0
Monthly Payroll:$0
FF&E Asking Price:$40,000 (Included in Asking Price)
Inventory Asking Price:$500,000 (Included in Asking Price)
Financing Available?No

Property

Type:Leased
Building Size:N/A

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1980
Year Acquired:2010
Full-Time Employees:8
Part-Time Employees:N/A
Reason For Sale:Owners would like to retire.