Businesses for Sale

Serving the GTA, Burlington, Hamilton, Niagara, Guelph, London and KW areas.

Businesses For Sale

NEW

ENGINEERING AND MANUFACTURING COMPANY

Location: Hamilton

Price: $365,000

Profitable engineering and manufacturing company.

Designs and produces/outsources automation and custom machinery.

Outsources laser cutting and CNC work.

Long established with a strong reputation in the market they serve.

Products include custom, “one-off” applications as well as a repeat, scalable product.

Housed in a rental unit (month to month) at $2200/month.

The company has been built on service, expertise, and reliability.

The staff includes the owner, P/T bookkeeper, Assembly and Fabrication employee and contractors.

The owner is willing to sell 100% of shares with transitional assistance OR 60% with buyout agreement on remaining 40%.

Four-year blended revenue of $525,000, gross profit of $411,000, and EBITDA of approx. $100,000

Included is $60,000 in inventory and $20,000 in net working capital. Cash free-debt free.

A buyer should have mechanical engineering experience.

Excellent opportunity for an owner-operator or competitor.

FIRE SAFETY INSPECTION COMPANY

Location: West GTA

Price: $850,000

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
F2024 revenue of $804,000 (June 30 YE)
F2024 normalized cash flow of approx. $300,000 and $200,000 EBITDA.
Interim F2025 (9months) revenue of $575,000 and SDE of approx. $275,000
Debt Free/Cash Free
Full transitional assistance offered from owner. Owner could potentially stay on beyond this period in a consulting capacity
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.

IN NEGOTIATION

MEDICAL SERVICES COMPANY

LOCATION: WEST GTA

ASK: $3,450,000

 Profitable Medical Services Company serving the west GTA.
 Founded in 2004.
 Strong revenue growth with favorable demographic trends.
 Considerable growth opportunities
 Contracts in place with hospitals and Long-Term Care Homes
 A staff of trained, qualified professionals is in place.
 The company strives to provide efficient, effective, and compassionate service.
 Owner willing to offer full transitional assistance.
 F2020 revenue $1.04mm, F2021 revenue $1.23mm, F2022 revenue $1.61mm. F2023 Revenue of $1.7mm and F2024 of $2mm. 5-year revenue growth of 100%.
 F2024 normalized EBITDA of $615,000 and EBIT at $550,000.
 RFP has added 12 additional hospitals (5-year contracts) with projected revenue of $3.1mm (incremental $1.1mm) and EBIT of $825,000
 Included in the sale price is capital equipment of approx. $325,000 (undepreciated capital cost- FMV higher), net working capital of $200,000, and goodwill. Cash Free- Debt Free.
 Potential for some Vendor Financing to a qualified buyer.
 Share sale.
 Excellent opportunity for owner operator, medical services business looking for a bolt-on acquisition, or a competitor.

AUTOMOTIVE WHOLESALE SUPPLY COMPANY

LOCATION: NORTH GTA

Price: $225,000

SOLD

Profitable automotive wholesale supply company.
Provides service/maintenance supplies and promotional products primarily to dealerships.
Founded 19 years ago.
Distribution across Canada
Turn-key operation with 4 full and part-time employees.
Full transitional assistance offered from owner.
Includes FF+E, goodwill, basic website, and net working capital including inventory of approx. $70,000.
F2022 revenue of approx. $576,000 with normalized cash flow of $120,000 (SDE)
Leased premises at $38,500/ year (incl. TMI and utilities)
Cash free- debt free
Growth opportunities include an enhanced website with on-line ordering and a more focused sales strategy.
This is an excellent opportunity for an owner operator or competitor.

_____________________

COMMERCIAL JANITORIAL CLEANING COMPANY

Location: West GTA/GTHA

Price: $725,000

SOLD

Long-established, the company has a strong reputation and diverse account base.
 Revenue is consistent and recurring with an approximate run rate of $125,000/month
 Account base includes commercial, retail, industrial, and construction clients
 Majority of account base in west GTA and GHTA
 Provides complete janitorial services Including day Porter or day Matron services.
 Provides complete construction cleaning services including hard surface floor care, stripping and waxing, warehouse concrete floor stripping, power washing and sealing. Carpet steam cleaning, window cleaning interior and exterior.
 Also provides labour force for special projects as requested by clients
 Fully developed website
 F2022 revenue $1.5mm
 Normalized EBITDA of approx. $180,000
 Balance Sheet Cash free- debt free
 Capital equipment allows for many applications reducing the need for leasing or renting
 Low WSIB premiums and claims versus industry norms
 Ideal opportunity for owner operator, or competitor looking for an accretive

______________________

RETAIL LAUNDROMAT AND CAFE

Location: SW Ontario

Price: $365,000

SOLD

_______________________

HOME CARE BUSINESS

Location: Central South West Ontario

Price: $1,985,000

SOLD

 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

SUSPENDED

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.

_________________

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.

_________________

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

______________

_____________________________

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.

____________________________________

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