Growing Roof Truss Business in Southwestern Ontario

Southwestern Ontario, ON

Growing Roof Truss Business in Southwestern Ontario

Asking Price:$2,600,000

Cash Flow:$500,000

Gross Revenue:$3,000,000

EBITDA:N/A

FF&E:$1,400,000

Inventory:$350,000

Real Estate:$800,000

Established:1987

Growing Roof Truss Business in Southwestern Ontario

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Business Description

This business has it all! State of the art equipment, a purpose built manufacturing facility on a fully fenced and gravel yard, highly skilled and dedicated employees, and growing sales and profits.
This business specializes in the designing, engineering and manufacturing of roof trusses and engineered floor joists, related to all Farm, Commercial and Residential structures. The company was started by the current owners and they wish to retire. They currently spend very little time at the business and a new owner that was involved in the business could improve systems and increase sales. The company does no marketing and does not have a sales person or website. There is an opportunity to grow the business by accepting work that is currently being turned away, create a website and perform normal marketing and sales efforts, adding a designer, and adding staff to afternoons or weekends.
2016 is expected to finish 35% higher in sales and profits than 2015. There is over $500,000 of booked orders. The owners expect that sales could double with the addition of another designer.
This business includes the land and buildings, all the equipment, and a generous amount of working capital. It should be very straightforward to finance this business with a reasonable down-payment from the buyer. This is a great opportunity for an entrepreneur to purchase a well established business with a strong balance sheet. Contact Robert Mitchell at robmitchell@sunbeltnetwork.com

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Yes

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Robert Mitchell

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Robert Mitchell

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