Manufacturer of Commercial Greenhouses, Utility Structures
Manufacturer of Commercial Greenhouses, Utility Structures
Price: $850,000
Location: Niagara
Listing ID: 20230131
Listing Status: Sold
Manufacturer and distributor of a complete line of commercial greenhouses and utility structures and a distributor of reinforced poly covers, greenhouse poly film and polycarbonate panels, all designed to meet customers’ specific requirements.
The business was started in 1988 and current owner has owned the company since 2009.
Total Sales: $1,100,000
Cash Flow: $345,000
FFE Included: Yes
Reason For Sale:
Owner is retiring.
Training & Support:
Owner is willing to train a new buyer.
If requested, will do so for approximately one year, with compensation.
Year Established: 1988
Owner Hours Per Week: Monday to Friday, 7am – 3:30pm
Employees: 2
Type of Location: Located in an industrial warehouse building at the rear of a shared property with a fenced compound yard.
Square Footage: 3823
Competition:
Competitors are all located in southern Ontario within a 100 km radius. The advantages this company has over the competitors is that it has designed its structure system to be high strength while being easy to assemble. The unique segmented reinforced truss design allows the system to be shipped efficiently on pallets for domestic or international distribution.
Potential Growth:
Through increased marketing such as an enhanced website, sales could be increased significantly by reaching into the US market with both the industrial and agricultural structure applications.
There is increasing demand from the industrial sector for economical shorter-term storage and an increase in demand by farms for both livestock and hay storage etc.
A larger building, additional manpower and expanded marketing would increase revenue substantially.