Total of 18659 firms and businesses for sale today Friday 10th May 2024
Sold. Manufacturer & Distributor Of Doors Business
LISTING DETAILS
Firms For Sale ID:
28426
Vendor reference:
8022-11-20
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$500,000
Furniture, fixtures, fittings and stock included.
Furniture, fixtures, fittings and stock included.
Turnover / revenue:
$1,143,096
Net profit / cashflow:
$228,415
Years established:
1989
Trading hours:
Monday to Friday 8 am to 5 pm
Number of employees:
5
Business website:
OTHER DETAILS
Reason for selling:
The Owner would like to retire.
Financing available:
The seller is willing to finance up to $200,000.
Support and training:
The seller will stay for 6 weeks to allow for a smooth transition.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Rent:
$55,440 per annum
BUSINESS DESCRIPTION
VR Business Sales Presents: The business specializes at installing commercial steel , fibre glass and wood doors.They also sell all type of hardware for doors. Specialty items such as panic hardware, door closers and commercial mailboxes and lock systems for Hotels are in this companies main product offerings. This very well run company that has been in the Edmonton market place since 1982 and has built a reputation for its customized work and knowledge of the door industry. Their tremendous problem solving ability coupled with their quality staff has helped the company create a solid reputation in the Edmonton and area market place. A large client base and diverse product/service mix makes this a great business to acquire. Please note this the business has $325,000 in inventory that is not included as part of the listing price but is part of the sale.
Market / Competition / Non-Competition Agreements
This business has long time knowledgeable staff that make it a very good acquisition. They are part of a large buying group for its product and this allows favorable margins to be realized.