​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​BUSINESSES FOR SALE​


TRANSPORT FLEET SERVICING COMPANY      GOLDEN HORSESHOE                                                                         $450,000

​NEW

  • The business provides a service to truck fleet operators in the Golden Horseshoe.
  • The company has a broad base of clients. The majority are long-term.
  • No single customer represents more than 25% of the company’s business and most of the work is done within a 50 km radius of the head office.
  • The company provides two core services, one which is quite stable and the other exhibiting considerable growth.
  • The company has shown a history of increasing revenues and cash flow.
  • F2017 revenue of approx. $680,000 with blended normalized Seller’s Discretionary Earnings of approx. $215,000. Normalized EBITDA of $135,000. Normalized EBIT of $127,000.
  • Included in the asking price is approx. $41,000 in capital equipment (UCC), software, FF+E, and goodwill.
  • Business is not highly owner dependent.
  • Additionally, there are 2 P/T administration staff and 9-12 seasonal hourly staff
  • Current lease has 1.5 years remaining. 3125 Sq. ft. at $2200/month.
  • Business running at 50% capacity utilization so there is room for further growth without the need for more capex.
  • Website is the only marketing spend with no active selling.
  • Management is focused on and has delivered strong customer service
  • Full transitional assistance included. The business skills are easily transferable
  • Ideal opportunity for an owner operator, a competitor, or similar business looking for an accretive acquisition that would add geographic coverage and scope. Entirely turnkey.
  • Share sale



​MEDICAL DISTRIBUTION COMPANY                   GOLDEN HORSESHOE                                                                         $599,000  

IN NEGOTIATION

  • ·         An independent Canadian supplier of medical equipment and devices
  • ·         Strong revenue growth profile with solid cash flow/profitability
  • ·         ADP Licensed
  • ·         Open 6 days/week and receives clinic referrals
  • ·         Staff in place and would likely stay on
  • ·         F’18 Revenue (Y/E February) estimated at $750,000
  • ·         Normalized EBITDA of approx. $215,000
  • ·         Included is approx. $90,000 in net working capital ($70,000 inventory) and $7,000 in capital equipment
  • ·         Attractive lease in strong location with 3 years remaining
  • ·         Turn-key operation
  • ·         Buyer could increase staff hours and be part-time
  • ·         Owner will offer full transitional assistance
  • ·         Some medical equipment experience would be beneficial




​AGRICULTURAL PRODUCTS DISTRIBUTION COMPANY              SW ONTARIO                                                             $799,000

  • ​​This business is a distributor of innovative agriculture products and equipment in Canada and the USA.
  • It has an exclusive agreement with one manufacturer and has agreements with six other manufacturers
  • The company has a broad base of over 200 customers who are principally end users. No single customer represents more than 8% of the company’s business and distribution is in Ontario, Canada, and the USA.
  • It enjoys an excellent reputation in the industry and was founded approx. 14 years ago. Its objective is to help farmers improve productivity and their bottom line.
  • There are employees that would likely stay on. The seller would also look to enter into a 5 Year employment or consulting agreement in a sales management capacity, making this an ideal situation for a corporate purchase.
  • The seller owns both the office and warehouse facility that he could lease ongoing. Or the business could be rolled into an existing business.
  • Revenue has grown from $2.17mm to $$3.52mm over the past 4 years and sales and order backlog for fiscal 2018 stands at $1.8mm. (year end October 31) 
  • Normalized EBITDA of $200K and Normalized SDE at $300K. Inventory of approx. $450K included as well as capital equipment/leaseholds, and goodwill. Balance of Net WC to be discussed.
  • An excellent opportunity for an agricultural based corporation to make a sound, accretive acquisition of a growing company with current management retained.  



PET SERVICES COMPANY                                     WEST GTA                                                                                             $137,000

IN NEGOTIATION

  • ​​·         Boasting a client database of 2200, this long-established (20+ years) pet services company has consistent revenues and cash flow.
  • ·         In any given year 375-400 clients are active in contributing to revenue
  • ·         Has one administrative associate and many independent contractors
  •            A home based business that provides a variety of pet care services
  • ·         Complete database and software including contractor contact information and performance ratings.
  • ·         Most recent fiscal yearly revenues of $307,000 with normalized SDE of $65,000
  • ·         Full transitional assistance offered.
  • ·         An excellent opportunity for an owner operator with a passion for pets!
  • ·         Completely turn-key



​DISTRIBUTION COMPANY                                      WESTERN SW ONTARIO                                                                     $ 850,000

  • ​A long-established distributor of industrial and commercial hoses, fittings, and pneumatics.
  • The company has a broad base of clients who are in a 75km proximity. 90% of shipments are delivered in company trucks. Approx. 250 active customers with 1000 in the database.
  • No single customer represents more than 30% of gross sales.
  • One major supplier and approx. 15 additional suppliers. Primarily geographically exclusive.
  • Business is largely “word of mouth” with limited marketing. Growth opportunities include development of existing web presence, and the addition of a sales representative.
  • Fifty seven percent sales growth over the past 5 years.
  • F2017 revenue of approx. $1,078,000 with normalized Seller’s Discretionary Earnings of approx. $250,000 and EBITDA of approx. $175,000. Gross profit of $353,000.
  • Included in the asking price is approx. $670,000 in Net Working Capital (NWC), $60,000 in capital assets, FF+E, and goodwill. LT Debt to accrue to seller on closing.
  • Business is not highly owner dependent.
  • Building potentially available. 3400 ft. sq. with approx. 120’ x 400’ property. Built in 2005.
  • Share transaction with some Seller Promissory Note available to right buyer
  • Management is focused on and has delivered strong customer service and high product fill-rates.
  • Full transitional assistance included. Owner willing to act as manager from 1-2 years if required. Fully turn key!
  • STRONG ORGANIC GROWTH POTENTIAL FROM EXISTING ACCOUNT BASE
  • Excellent opportunity for an investor or owner operator
  • Attractive to a competitor looking for an accretive acquisition that would add geographic coverage and scope.




​HEALTH CLINIC​                                                        CENTRAL SOUTH WEST ONTARIO                                     ​NEW PRICE               $295,000

  • A well-established clinic providing innovative, specialized health and wellness services that includes physiotherapy, orthotics, chiropractic, naturopathic, and DNA testing practices. Has well established medical aesthetics services that includes IPL (laser based) services, Chemical Peels, Microdermabrasion, Body Contouring and Skin Tightening
  • ​Utilizes state of the art, advanced technologies
  • Fully turn key with existing staff and large customer base
  • Treating back pain, sciatica, scoliosis, head aches, prenatal pain, sports injuries, and postural pain
  • F2016 Revenue of  $265,000 with Sellers discretionary Earnings of approx.  $109,000. F2017 revenues of $295,000 and SDE of approx. $129,000. F2018 Revenue tracking over $300,000
  • Capital assets of $129,000 included
  • Located on a busy thoroughfare
  • Fully developed website 

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​JANITORIAL/ SANITATION/PAPER DISTRIBUTION COMPANY             WEST GTA                                                           $385,000

​SOLD

  • ​​A long-established distributor of janitorial, sanitation, and paper products with a strong and loyal account base.
  • The company has a broad base of clients who are in a 75km proximity. 95% of shipments are delivered in company trucks.
  • No single customer represents more than 15% of sales​
  • 10-15 Major Suppliers with strategic relationships with some.
  • 60% of sales scalable/ repeat and 40% equipment.  
  • F2017 revenue of approx. $881,000 with normalized Seller’s Discretionary Earnings of approx. $100,000. Gross profit of $350,000. F 2018 YTD sales tracking towards $1,200,000 with 2-month sales at $220,000 vs. $135,000 in F2017. F2018 revenues have been achieved/exceeded in the past
  • Included in the asking price is approx. $200,000 in Net Working Capital (NWC), $24,000 in capital assets, goodwill. There is no LT Debt.
  • One inside sales/administration person, manager (who is optional), 2 technicians, and P/T hourly drivers. Turn-key operation with staff having strong customer relationships. Business is not highly owner dependent
  • Management is focused on and has delivered strong customer service and high product fill-rates.
  • Well managed inventory with approx. 8 turns/ year.
  • Full transitional assistance included. Owner looking to retire. 
  • Excellent opportunity for an owner operator with industry experience.
  • Attractive to a competitor looking for an accretive acquisition that would add geographic coverage and scope.




​PROPERTY DAMAGE RESTORATION COMPANY          GREY BRUCE COUNTIES                                                       $1,600,000


  • Established for many years, this is a successful and profitable operation.
  • Deals with homeowners, businesses, and insurance companies.
  • Thousands of contacts/accounts in the company database as well as relationships with insurance companies.
  • Housed in a fully functional 9,000 ft. sq. facility
  • Turn key operation with two operations managers plus staff
  • Company is well known in its field and services include flood/water, fire/smoke, and mould remediation as well as asbestos abatement. 
  • Potential for further growth  
  • 2016 revenue of approximately $3,100,000 with normalized EBITDA of approx. $600,000. Included in the ask is all capital equipment plus $250,000 in net working capital.  No debt to be assumed.
  • Fully developed website.
  • ·         Seller will offer reasonable transitional assistance.


​PHYSIOTHERAPY COMPANY                                           LONDON                                                                                 $100,000  

​SOLD

  • A long-established business providing innovative, specialized physiotherapy services including fully equipped hydrotherapy, only one in London, with medical swimming pool and medical whirlpool.
  • traditional physiotherapy and innovative, specialized physiotherapy services.
  • Fully turnkey with well qualified staff and large customer base
  • Specialized physiotherapy treats lower back pain, scoliosis, sciatica, sport injuries, patients prior and after joints replacement, osteoarthritis, work related injuries and accidents related injuries.
  • Potential to sublease or charge royalties to like practitioners such as massage therapists, naturopaths, etc. for additional cash flow.
  • Building for sale as well. Asking price of $789,500.
  • 2016 revenue of approximately $400,000.
  • Fully developed website
  • Located on a busy thoroughfare with a Senior’s Residence being built across the street.
  • Ideal opportunity for an existing physiotherapy business to make an accretive acquisition.​




​PLUMBING/HVAC COMPANY                                                     EAST GTA                                                             $1,200,000

SOLD


  • ​Profitable Plumbing and HVAC Company originally incorporated in the late 90’s.
  • Clients include Cities and Municipalities, Builders, General Contractors, Businesses, and End Users. 
  • Company has strong relationships with suppliers and employees. 
  • The company has been built on service, expertise, and reliability. Does installations (70%) and service/maintenance work. (30%)
  • Completely turn-key and seller committed to a successful transition. After transition, seller would be willing to enter into a one year consulting agreement at 30 hours/week.
  • Existing 5000+ ft. sq location leased at approx. $1500/mo plus second small facility at $1,500/mo.
  • F2017 Interim 5-Month revenue approx. $2.6mm trending to $4.5mm Full Year.
  • 5 Month operating income of approx. $850,000 with EBITDA forecast full year at approx. $1.4mm.
  • Current backlog of approx. $4mm (50% Plumbing, 50% HVAC)  
  • Included in the sale price is approx. $120,000 of inventory and $175,000 (UCC) of capital equipment.
  • Buyer should have plumbing and HVAC experience. 
  • Some vendor finiancing available to qualified buyer
  • Share sale

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  DISTRIBUTION COMPANY                                         CENTRAL ONTARIO                                                      $199,000  

SOLD


  • ​​Established for over 20 years, the company has a strong reputation and large account base.
  • Company distributes commodity items that are not prone to obsolescence in the cleaning and substrate protection space. The company has approx. 500 customers including one major account. 
  • Approx. 10% of sales sourced in Canada under a private label program.
  • Approx. 90% of sales sourced from a long term EU supplier under an exclusive agreement. Potential for some USA rights for right buyer. 
  • As the lease is up, a buyer would be required to relocate the company within 2 months after closing. The business could be relocated anywhere in Southern Ontario.       
  • 90% of sales are in Ontario but distribution is Canada-wide.
  • Revenue of approximately $595,000 with normalized SDE of $80,000. Inventory of approx. $85,000 included. Capital equipment included (approx. $5,000)
  • Two trucks are included. (approx. $20,000)
  • Developed website
  • Growth opportunities include increasing exposure in major accounts and increasing Canada-wide distribution. Ideal for owner operator or existing distribution business in a similar space. 
     


​PAPER/JANITORIAL/OTHER PRODUCTS DISTRIBUTION COMPANY     SOUTH WEST ONTARIO                    $425,000  SOLD

  • The business distributes staple products consumed by businesses.
  • The company has a broad base of clients. There are 1500 customers in the database with approximately currently 450 active. 
  • No single customer represents more than 10% of the company’s business and the vast majority of distribution is within a 75 km radius of the head office. 
  • The company is long standing (20+ years) with a history of consistent revenues and cash flow.
  • Revenue of approx. $1,130,000 with blended normalized Seller’s Discretionary Earnings of approx. $158,000. EBITDA of $95,000. Gross margin consistent at approx. 32%.
  • Included in the asking price is approx. $85,000 of inventory, $51,000 in capital equipment, newer software, FF+E, and goodwill.
  • Two inside sales/administration staff and one receiver/shipper/driver. Turn-key operation with staff having strong customer relationships. Business is not highly owner dependent.
  • Management is focused on and has delivered strong customer service and high product fill-rates.
  • Well managed inventory with approx. 12 turns/ year.
  • Full transitional assistance included. Owner could also stay on in a consultant/sales role if required.
  • Ideal opportunity for an owner operator looking to establish a balanced lifestyle in a mid size south west Ontario!
  • Attractive to a competitor looking for an accretive acquisition that would add geographic coverage and scope. 





​ELECTRICAL CONTRACTING BUSINESS- INDUSTRIAL         WEST GTA                                                              $320,000


  • Profitable Electrical Contracting Business doing primarily industrial work
  • 95% of work is at industrial sites 
  • Long established (25 years) with an excellent reputation in the market it serves
  • Most of the business is scalable with many repeat customers
  • A component of the business is manufacturing panels for industrial users.
  • Housed in a rental unit (month to month) at $1500/month.
  • The company has been built on service, expertise, and reliability.
  • Existing qualified staff with 2 journeymen and 1 apprentice.
  • Owner willing to offer extensive transitional assistance and offer a consulting agreement after transitional assistance
  • F2016 revenue approx. $600,000 with solid panel backlog for F’2017. 
  • Seller’s Discretionary Earnings (normalized) of approximately $145,000. With owner’s wage of $70,000, EBITDA of $75,000.
  • Included in the sale price are 3 pick-up trucks and capital equipment (on balance sheet at $28,000) ,pre-paid expenses, and goodwill. 
  • Owner operator with electrical experience or manager with experience required.
  • Potential for some Vendor Financing
  • Share sale preferred.
  • Excellent opportunity for owner operator or competitor.



​RESIDENTIAL CLEANING SERVICE                                        WEST GTA                                                               $64,500 SOLD


  • ​Established for 9+ years, this company has a strong reputation in the community it serves.
  • Client base is extensive and includes many steady, repeat customers.
  • 90% of client base are serviced weekly, bi-weekly, or monthly. Also cleaning after residential moves. 
  • Capital equipment valued at $16,500 included (depreciated value - UCC) 
  • Equipment includes vacuums, other required equipment and chemicals, CRM software, computer software, and 4 vehicles including 2008 and 2007 Chevy Cobalts and 2007 Focus. All have GPS. 
  • Transferable lease on a storage and parking facility.
  • Seven staff with 3+ years of tenure.
  • Normalized revenues of approx. $245,000, with normalized Seller’s Discretionary Earnings (SDE) of approx. $44,000 plus other consideration
  •   Full transitional assistance offered and staff in place
  • Hours M-F 8-5
  • Turnkey business- ideal for an owner operator or competitor to add to customer base!






FURNITURE AND WOOD RESTORATION COMPANY             OAKVILLE                          SOLD                      $20,000

  

  • ​Long established (40 years), this company has a strong reputation for quality workmanship
  • Ninety percent of the revenue is derived from recurring customers and referral sources.
  • Goodwill, capital equipment, and inventory included.s and referral sources.
  • Capital equipment valued at $15,000-$20,000
  • 2014 revenues of approx. $111,000 with normalized cash flow of approx. $47,000. 
  • 2015 tracking on similar trajectory.
  • Turn-key operation would allow seamless transition- owner willing to assist.
  • Basic website in place 
  • Attractive lease with 2000 ft sq air conditioned facility and 600 ft sq storage mezzanine – potential to add wood working component to business.
  • Outstanding opportunity for someone with woodworking and/or refinishing experience!
  • Some vendor financing available


DISTRIBUTION COMPANY                                                        GTA                                                                 1,600,000

​IN NEGOTIATION

  • Established for over 55 years, the company has a strong reputation and large account base.
  • Sales are tracking at a 10% increase for the most recent fiscal year. The lower $ CAD is helping company’s industrial and commercial customers, creating increased demand.
  • Company distributes commodity items that are not prone to obsolescence. The key product category represents 80% of sales while the 2nd represents 10% with all remaining at 10%.  
  • A broad base of suppliers with long standing relationships. 90% of product sourced from Canada, 5% overseas, and 5% USA.          
  • There is an existing employee team of 3 inside sales persons, 1 shipper/receiver, and 2 P/T drivers
  • The company leases a 6500 sq. ft. facility with 3 years remaining on the lease.
  •  90% of sales are in the GTA.
  •  Revenue is consistent and dependable and profitability strong with 2 year average revenue (F2016 and F2017)at approx. $2.4mm, Normalized EBITDA at 365K and Normalized SDE at $465K. Inventory of approx. $220K included. All FF+E, capital equipment, and $30,000 in net working capital included. 
  •  Two trucks are included.
  •  Recent small acquisition has provided a strong on-line platform.
  •  Growth opportunities include opening new branch locations in strategic markets and increasing marketing budget and strategy.                 


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INDOOR GOLF FACILITY                                               WEST G.T.A.                                         $149,500        SOLD

  • Established for over 8 years, this indoor golf facility boasts men’s and women’s leagues and solid revenue and cash flow. 
  • Over 1250 current and former patrons in the company’s CRM database.
  • Ideally located in 3400 ft. sq. facility- rent $3,800/mo incl. TMI with lease due August 2016 with 5 year renewal option.
  • Five fully maintained simulators (cost $250,000) with tasteful leaseholds including hitting bay scaffolding, TV, sound, and furniture.  Leaseholds original cost $18,000.
  • Food/snack bar and liquor license (LLBO would require approval of new owner)  al cost $18,000.
  • Full transitional assistance offered and current owner would continue to play in one league to support  its ongoing success. 
  • Extensive IP on supplier equipment (repairs/maintenance)
  • ​Fully developed website and booking software.
  • Fiscal 2015 sales projected at $195,000 with Seller’s Discretionary Earnings of approx. $82,500.
  • Current owner has moved and is commuting over 75 kms.
  • An excellent opportunity for an owner operator looking for a turnkey opportunity in the golf business! 




SPECIALTY LABEL MANUFACTURER                          SOUTH WEST ONTARIO                        $399,000   ​SOLD

  • ​​​The business manufactures industry specific labeling products.
  • The company has a broad base of approx. 100+ active clients. No single customer represents more than 15% of the company's business
  • The company is long standing (approx. 25 years) with a consistent history of scalable revenues and cash flow.
  • Revenue of approx. $585,000 with Seller’s Discretionary Earnings of approx. $184,000 and $100,000 in EBITDA
  • Included in the asking price is approx. $22,000 of inventory, $52,000 (UCC) in capital equipment, FF+E, strongly developed website and goodwill. Equipment was attributed a fair market value of $321,000 in November 2012.
  • Share sale with debt removed from balance sheet and net working capital at zero. 
  • One full time and one part time employee
  • Housed in a 4800 ft. sq. facility @ $3422/ month incl. TMI. Lease term can be negotiated as it is currently month to month.
  • Pride of ownership is evident as facility and equipment is very well maintained. 
  • Little direct selling and marketing being done- opportunity to open new accounts as well as grow existing account base with addition of an experienced sales person. 
  • Full transitional assistance included. Owner could also stay on in a consultant role if required or desired.
  • Ideal opportunity for an owner operator with industry experience or for a competitor looking for a strategic, accretive acquisition. 



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MARKETING/BRANDING CONSULTING FIRM               WEST GOLDEN HORSESHOE               $400,000    SOLD

  • Established 10+ years, this business has established a strong reputation for supplying innovative marketing and branding platforms for a variety of corporate clientele
  • Turn key opportunity, buyer could retain key staff that deal directly with clientele
  • Has an economically diverse corporate client base
  • Services include brand and logo development, marketing platform development, event planning, graphic design, website development and SEO
  • Deals in various media including print, television, radio, outdoor media, social media, and web
  • Delivers analytical growth strategy support, customer service and margin overview
  • Fully developed internal procedures and best practices
  • Revenues of approx. $982,000, Gross Profit of approx. $660,000, with normalized Sellers's Discretionary Earnings of approx. $140,000 
  • Possible vendor financing or earn out on portion of transaction price or possible partnership with buy out. 
  • Full transitional assistance package offered.
  • Lease flexible.

SOLD



CATERING AND EVENT PLANNING BUSINESS        WEST GTA                            $375,000      SOLD

  • Established 25+ years, this profitable catering and event planning company has a strong reputation and track record
  • It has a broad client base with no client representing more that 15% of its business
  • Focuses on corporate, private, weddings and special events and BBQs
  • Has a strong presence/niche in a particular industry
  • Capable of doing functions with 2000+ people 
  • Approximately 12 F/T staff as well as P/T when required
  • Housed in a 4800 ft sq facility - lease is to be renewed in January affording potential buyer flexibility
  • All capital equipment included- equipment list to be provided
  • Turn key with existing website and branding
  • Revenue of approx. $900,000 with normalized Sellers Discretionary Earnings of approx. $150,000
  • Inventory of approx. $10,000 included
  • Transitional assistance included plus some vendor financing may be available
  • ideal for owner operator with catering/hospitality experience or a competitor looking for an accretive acquisition 



DISTRIBUTION COMPANY                                  SW ONTARIO                               $417,000           SOLD

  • ​​​Distribution rights to industry leading brands in a demand stable industry
  • Broad base of clients with none representing more than 10% of business
  • Revenues of approx. $1,500,000 and normalized Seller's Discretionary Earnings of approx. $125,000
  • Inventory of approx. $165,000 and capital equipment of approx. $35,000 included.
  • Two full time employees
  • Management concentrates on customer service and high fill rates
  • Long Standing Company


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