Asking price: $485,000
Reason for sale: Retirement
- Land Area: N/A
- Building Area: N/A
- Year of acquisition: 1991
- Established Year: 1991
- Full-time Employees: 0
- Part-time Employees: 0
- Annual Sales: $413,575
- Monthly Payroll: N/A
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): $136,512
- Assets Included in the Sale: inventory, supplies, furniture, equipment, improvements, and goodwill
This family business was founded in the early 90s. It specializes in the sale and repair of high-pressure pumps. The company also designs and manufactures parts for this type of machinery. It is currently based in the Lower Laurentians, on the North Shore of Montreal, just over 30 km north of the city. The head office can, at the buyer’s convenience, be located in another town, which is an asset.
The company provides its services to window and door manufacturers and other companies in the glass sector. On the one hand, it provides maintenance and repair services for pumps and supplies, and on the other, it installs mechanical parts. The company also sells new machinery. The company has few or no competitors. It is one of the few companies operating in this field.
The company’s customer base is 95% industrial. Most of these customers come from the province of Quebec. Nevertheless, demand is so great that whenever possible, the company caters to customers from other provinces, such as Ontario.
The customers of the company acknowledge its quality of service. Confident of the service it delivers, the company offers a three-month warranty on all repairs and maintenance.
The keys to the company’s success are both the quality of the work carried out and its availability to customers. Over the years, the company has built up a solid reputation in the region, as well as a loyal customer base.
The future buyer could envisage many development opportunities. It could, for example, expand its customer base by setting up branches across the country to meet growing demand.
Contact us for more information.