This well established business specializes in the sale of custom-built tools and the repair and maintenance of tools. The business has been servicing various industries in Southern Ontario including Toronto and the GTA since its inception in 2007. It is staffed by a team of eight highly qualified and skilled employees including the two competent partners. All product lines are profitable. Additionally, the business has a fully functioning ecommerce website where customers can browse products, check stock and order items. This is a turnkey investment and is ideal for a similar company looking to extend their product line or increase their market share.
Nearly all customers are commercial clients, with a marginal 1% representing walk-in customers. Clients have demonstrated a strong loyalty to the brand and, as a result, the business draws upon a large pool of repeat customers. New clients are acquired through various marketing activities as well as through referrals.
The business has an opportunity to grow its client base and revenues through the use of electronic marketing activities and through expanding into new territories.
The owners are selling the business as they wish to retire. Training and an agreed upon transitional period will be provided by the sellers
Asking Price: Upon request
For more information please contact:
Glenn Jackson & Michael Paterson
Revenue (2015): $ 2,425,408
Seller’s Discretionary Earnings: $ 301,658
Beacon Corporation, Brokerage