Innovative Leading Hydraulic Equipment Supplier
Innovative Leading Hydraulic Equipment Supplier
Price: $4,900,000
Location: Guelph ON
Listing ID: 20211207
Listing Status: Sold
This a highly profitable business with an established client base, strong cash flow and increasing sales. Longstanding sales and distribution provide a wide range of products and services to meet the hydraulic and pneumatic requirements of Ontario-based customers with new or existing systems and
machines.
The demand for hydraulic, pneumatic and motor components is growing and the business is in a position to maximize such demand by offering its products to newly emerging industrial sectors and promoting its digital presence to drive online sales across Canada.
Total Sales: $6,000,000
Cash Flow: N/A
FFE Included: Yes
Reason For Sale:
Owner is retiring to spend more time with family.
Training & Support:
The owner is willing to provide the required
training to ensure a seamless transition by
facilitating introductions to clients, suppliers
and the operational workflow.
Year Established: 2003
Owner Hours Per Week: Mon-Fri, 8am-4pm
Employees: This is a sales and distribution business supported by a strong sales team and backed by an experienced office team.
Monthly Rent: $4,427
Type of Location: It is situated at the heart of Ontario’s innovation corridor and has access to one of the largest transportation corridors in North America
Square Footage: 6000
Facilities Information:
The business occupies a 6,000 sq. ft warehouse that is conveniently located in Guelph. As such, it is in proximity to clients and accessible for product shipping.
Historical Summary:
Due to increasing demand for its products over the
years, the business has relocated twice since its
inception in 2003 to increase its infrastructure
capacity to meet this demand.
Potential Growth:
As the global macroeconomic environment recovers from the COVID-19 pandemic, the demand for the business’s products and services is expected to increase. The demand for industry services is increasing with demand conditions expected to be stable until 2026 – this could cause a continued demand for pumps, motors, valves and other products offered
by the business.