Businesses For Sale

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HOME CARE BUSINESS

Location: Central South West Ontario

Price: $1,985,000

 A long established (15+years) assisted living company offering medical and non-medical care of high quality.  

   It focuses on providing the support necessary for individuals who wish to remain in the safety and comfort of their own home, rather than entering a retirement or long-term care facility.  

  The business is community based and has a strong reputation for dependability and integrity. Consistency of care and caregivers is a primary focus and competitive advantage.  

  Fully turnkey with qualified PSWs, RPN, and RNs as well as schedulers.  

  Referral sources include law firms. The company has a nationally and provincially recognized client base.  

  Demographics and a provincial government mandated emphasis on home care will be strong growth drivers.  

  Blended 4-year revenue approx. $2.25mm and EBITDA approx. $575,000  

  Fully developed website with backend scheduling software in place.  

  Transitional assistance available  

  Capital Assets (F21) valued at $32,000 (UCC/depreciated) and Net Working Capital of approx. $85,000 included.  

  Share transaction – cash free/debt free  

  A great opportunity for an owner operator or as an accretive/strategic acquisition for a competitor.

SPRINKLER AND FIRE PROTECTION COMPANY              

Location: Golden Horseshoe and Surrounding Region                          

Price: $2,400,000  

•  Long established business (over 20 years) with strong growth profile 
• Turnkey operation with staff and management in place- owner involved up to 10 hours a month.  
• Services include fire sprinkler installation retro fit and new construction, backflow prevention, standpipe system testing and inspection, emergency lighting and Fire alarm.  
• Products include smoke and CO detectors, fire extinguishers and hoses, emergency lighting packs/batteries.  
• 70% commercial, 30% industrial,  
• Customers include Property Management Groups, Institutional, Commercial, and Industrial in Golden Horseshoe and GTA 
• F2021 Revenue of approx. $2.1mm with normalized EBITDA of approx. $501K 
• F2022 Order Backlog stands at approx. $2.4MM 
• Approx. 40% of business is recurring and 60% project driven 
• Balance Sheet- Cash free – Debt free.  Inventory of approx. $20K, Capital Assets of approx. $50K, Net Working Capital of $135K, FF+E, and Goodwill included.  
• Full transitional assistance offered from owner. 
• An excellent opportunity for a hands-on operator or a competitor looking for an attractive, accretive acquisition.     

HORTICULTURAL PRODUCTS DISTRIBUTION COMPANY

Location: Niagara Region

Price: $750,000

• The Company is engaged in the business of horticultural product distribution of new (60%) and used (40%) equipment.
• Has long-term strategic relationships with suppliers in Holland, Tennessee, and Asia. 
• The company has a broad base of over 400 customers who primarily include end users. Customer distribution is in Niagara and Ontario (40%), Rest of Canada (40%), and the USA (10%) 
• The Top 10 customers represent approx. 45% of sales. 
• It enjoys an excellent reputation in the industry and was founded approx. 17 years ago. 
• The seller, in addition to offering fulsome transitional assistance to a buyer, would also offer to enter into a 2 Year consulting agreement. This would greatly assist an      owner operator or investor corporation/competitor make a successful      transition. 
• The warehouse facility has an innovative lease where rent is charged at .10/week/square foot. The square footage is flexible. Typically, approx. 2,000 ft. sq. is utilized but this varies due to seasonality. 
• Revenue has grown from $845,000  in F2019 to $1,377,000 in F2021. There is approx. $135,000 in booked revenue for the first month of F2022. The owner estimates a “COVID Bump” of approx. $150,000 in F2021 revenue. 
• For F2021, Normalized EBITDA of $295,000 and Normalized Seller’s Discretionary Earnings of $400,000. 
• Cash Free- Debt Free. Includes approx. $70,000 of inventory, capital assets, goodwill, with Net Working Capital (A/R) to be negotiated. 
• An excellent opportunity for a horticultural- based corporation/competitor to make an accretive, strategic investment or an owner operator to buy a growing, solid business      that is not subject to obsolescence. 

ELECTRIC BICYCLE RETAIL BUSINESS

Location: Golden Horseshoe

Price: $300,000  

SOLD

• This company has a strong reputation and boasts a database of over 500 customers 
• The company has strong relationships with approx. 10 strategic suppliers
• Revenue growth has been impressive with F2019 sales at $256K, F2020 at $491K and F2021 at $728K 
• Good location in high traffic  area 
• Approx. 1000 ft sq. with rent at $3000/month -  including small      warehouse, repair area, retail counter and sales floor.
• Broad demographic of customers with brand names to suit all
• Fully equipped repair and maintenance area with hoist and all required tools
• No GHG emissions and entirely green- strong continued growth potential and not subject to obsolescence. 
• F2021 Revenue of approximately $730,000, gross profit $247,000 with normalized Seller’s Discretionary Earnings (SDE) of $167,000. EBITDA $100,000. Current inventory of approx. $80,000 included.      
• Priced at 2X SDE + Inventory or 4X EBITDA
• Cash free-debt free. Share transaction
• Well-developed website 
• Winterborne Bicycle Institute in Guelph has 10-day bicycle mechanic training courses. Also, it is a source for recruiting potential employee/ manager. 
• Great growth opportunity for someone with a passion for bicycling, the green economy, and outdoor activity!

PAPER/JANITORIAL/PACKAGING PRODUCTS DISTRIBUTION COMPANY  

Location: South West Ontario  

Price: $720,000 

SOLD

• The business distributes staple products consumed by businesses. Product categories include paper products, janitorial supplies, packaging products, and specialty products in that order of sales. 
• The company has a broad base of clients. There are over 1000 customers in the database, with approximately 430 being active since 2020. 
• Most of the distribution is  within a 75 km radius of the head office. 
• The company is long standing (35+  years) with a history of consistent revenues and cash flow.
• F2020 revenue of approx. $1,285,000  with blended normalized Seller’s Discretionary Earnings of approx. $210,000.  EBITDA of $143,000. Gross margin consistent at approx. 34%. 
• COVID 19 has affected F2021 sales  by less than 10% and management sees a strong re-opening trade with  restaurants and retailers. 
• Included in the asking price is  approx. $145,000 of inventory, $24,000 in capital equipment (UCC), newer  software, FF+E, some Net Working capital, and goodwill. Cash free- debt  free. 
• Staff includes GM (ownership and  would be leaving), two inside sales/customer service persons (who also  handle A/R and A/P and inventory management) and one receiver/shipper/driver.  Turn-key operation with staff having strong customer relationships.  Business is not highly owner dependent and inside sales staff are      entrenched in the company with one being with the company 24 years. 
• Management is focused on, and has  delivered strong customer service, product optimization and margins, and  high product fill-rates.
• Well-managed inventory with  approx. 8.5 turns/ year.
• Website gets between 1000-2000  views per month and functions as a product catalogue. It could be  transitioned to a commercial/transactional platform. 
• Full transitional assistance included.
• Ideal opportunity for an owner  operator looking to establish a balanced lifestyle in a mid-size south-west  Ontario town where real estate is more affordable and a pace that is less harried. 
• Attractive to a competitor looking  for an accretive acquisition that would add geographic coverage and scope.      

PROFITABLE DISTRIBUTION COMPANY 

Location: West GTA 

Price: $1,375,000  

SOLD

• ​​The company has a broad base of customers including industrial and commercial end-users, manufacturers, and redistributors.
• No single customer represents more than 20% of the company’s business
• Most of the distribution is within a 100 km radius of the head office.
• The company was established in the 1960’s and has a history of consistent revenues and cash flow.
• The company distributes a broad range of quality brands. Inventory management is strong and averages 7 turns per year
• F2020 normalized revenue of approx. $2.45mm, gross profit of $920K, and normalized EBITDA of approx. $345,000. SDE of $435,000
• COVID19 has exposed the fragility of international supply chains which should strengthen Canadian manufacturers- a part of this company's customer base

• Net Working Capital of $400,000 included (inventory of approx. $350,000 plus AR)
• Depreciated capital assets of approx. $80,000. Two leased trucks with lease assumed by Buyer
• In addition to the owner, the business has a general manager,  two inside sales representatives, a warehouse manager, two warehouse staff/drivers and P/T bookkeeper. Entirely turn-key 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.
• Full transitional assistance included.
• Share Sale
• Attractive to an owner operator, investor, or competitor looking for an accretive acquisition that would add geographic coverage and scope.

SEASONAL HOME SERVICE BUSINESS

Location: West GTA

Price: $275,000

• This business provides a seasonal service (winter) to homeowners (90%) and businesses      (10%)
• Inventory is stored in the off season and installed at the beginning of winter and      removed as the winter progresses
• FT Staff of 3 plus owner (seasonal) 
• Fully developed website with sales lead portal
• Gross margins of approx. 93%
• Owner reports no direct selling – revenue derived from existing customers and      referrals
• Computer  software, customer information including required installation details,      are included.
• Normalized revenue of $250,000 with cash flow to owner  (SDE) of approx. $135,000
• Designs  are proprietary to business and are included 
• Some tools and materials included
• Inventory of approx. $12,000 included
• Home based business with year-round storage facility
• Full transitional assistance offered
• Limited competition 
• Ideal for owner operator or a seasonal      summer business (e.g.- pool services/landscaping) to add to their business      over winter months. 

PROFITABLE NUTRITION CENTRE

Location: Golden Horseshoe

Price: $120,000

SOLD

• Established in the mid 1990s, this nutrition and health supplement store has a long      history of consistent sales 
• Situated on a busy street with good visibility 
• Well established with key suppliers with a strong product mix
• A large customer database of approx. 1000 current, active customers
• Full transitional assistance offered
• Established Loyalty Program for customer retention
• P.O.S System included
• 2 P/T staff
• Owner works M-F from 9a-2p (20 hours/week) 
• All in lease of $1500/month plus utilities
• Average sale of $55 at approx. gross margin of 33%
• F2019 revenue of $419,000 with normalized cash flow (Seller’s Discretionary      Earnings) of $70,000
• All fixtures included
• Inventory of $60,000 included
• Website, containing articles by owner and linked to store, would be maintained by      seller
• SALES MUCH HIGHER DUE TO COVID19 

FIRE PROTECTION COMPANY

Location: West GTA

Price: $640,000  

SUSPENDED

•  Long established business founded in 1984 with current owner running it 8+ years. Excellent reputation 
•  Owner and/or staff must have a CFAA license to operate the business
• In addition to owner, 2 F/T employees (inspections and administration) and 2 P/T employees 
•  A large portion of the revenue stream is from repeat customers and buildings
• Very large expansion/growth potential. Current owner has been turning down new customer requests for quotations due to labour and time constraints 
• 70% commercial, 30% industrial
• Customers include property management groups, institutional clients, and corporations
• F2018 revenue of $605,000 with F2019 tracking to an increase (June 30 YE) 
• F2018 normalized cash flow of $260,000 and $160,000 EBITDA. F2019 tracking higher 
• Debt Free/Cash Free 
• Full transitional assistance offered from owner. Owner could potentially stay on beyond this period in a consulting capacitye
• UCC on vehicle $6,735
• Seller owns the building and would be prepared to lease at favorable rate
• Reason for sale is semi-retirement
• An excellent opportunity for a hands-on operator or a competitor looking to gain access to a strong/diverse/scalable account base.

MEDICAL DISTRIBUTION COMPANY 

Location: Golden Horseshoe 

Price: $595,000

SOLD

• 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. $200,000
• 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 

Location: SW Ontario

Price:  $799,000

SOLD

• 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. 

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SOLD! - PLUMBING/HVAC COMPANY 

Location: East GTA 

Price: $2,000,000

• ​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 financing available to qualified buyer
• Share sale 

SOLD! - TRANSPORT FLEET SERVICING COMPANY 

Location: Golden Horseshoe

Price: $450,000​

• 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

SOLD! - PET SERVICES COMPANY 

Location: West GTA 

Price: $137,000

• ​​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