REDUCED PRICE-Distributor of Central Vacuum Systems

Asking Price$255,000

Cash Flow
$101,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$401,000

Inventory$250,000
Included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

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REDUCED PRICE-Distributor of Central Vacuum Systems


Asking Price$255,000

Cash Flow
$101,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$401,000

Inventory$250,000
Included in asking price
FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
This company distributes Central Vacuum systems for the manufacturer, who has produced vacuum systems and tubing-related products since 1945 and has established an internationally recognized operation producing high-quality products. This manufacturer services the needs of a wide customer base with superior service and performance and is a leader in the tubular products and central vacuum industries. Its products are distributed to over 25 countries and continues to grow due to aggressive distribution channel expansion and partnering agreements. Its commitment to satisfying customers has resulted in expansion efforts and enhanced production capabilities that have resulted in a steady increase of sales and market share, both internationally and domestically.
About the Business
Years in Operation
17
Number of Employees
3
Currently Relocatable
Yes
Facilities & Assets
2900 square feet with a reception area and showroom for retail sales and meetings with clients 6 days a week, sales office, accounting office, owner’s office with meeting table, kitchen, men’s and women’s washrooms, and the warehouse area is at the back with a loading dock. Inventory can be received 5 days a week so very substantial growth can take place without increasing costs as more warehouse or sales space is not necessary.
Market Outlook / Competition
This company's advantage is the fact that the manufacturer has the reputation for offering the best central vacuum system, with the only “lifetime” warranty in the industry. This is due to the patented cyclonic separation system that has no filters or bags (no other brand offers this feature).
Opportunities for Growth
There are many opportunities for more installations in businesses and condos. An example is that the Company recently installed a retractable condo system for a large Toronto developer of condos and custom homes, in the developer’s new condo. He is very excited about the opportunity he sees in installing retractable units in future condo builds to avoid carrying and storing hoses.
About the Sale
Seller Motivation
Retirement Planning.
Transition Support
The Seller will train a new owner, and this can be discussed. Long-term Consulting may also be considered.
Listing Info
ID
2324893
Listing Views
883

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Business Listed by: Khaled Baranbo Ontario Commercial Group

Listing ID: 2324893 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.