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    • Manufacturer of Commercial Door Hardware with 1.5M Profit

      Manufacturer of Commercial Door Hardware with 1.5M Profit

      Business Type

      Manufacturing - Fabricated Metal Products

      Area
      County State Nebraska
      Property Status Established Business Asking Price $7,989,000.00
      Down Payment $988,625.00 Total Debt
      Gross Sales $4,906,915.00 Total Income
      Total Expenses Terms
      Listing Flyer
      Summary

      What was once a home-based business hasgrown into a lucrative commercial door hardware company profiting over $1.5M.Headquartered in Toronto, there are 200 distributors across Canada, and withthe right infrastructure in place, the business has great potential to moveinto the U.S. market and abroad. Sales are split 50% custom orders and 50%stock orders. To stay competitive, much of the raw material is brought in, thenfinished, polished and stocked in the company’s 22,000-sq. ft. facility.

       

      The business employs about 30, with 8 ofthem working in the office and the remainder in the factory/storage area.Additionally, there are sales reps across 11 Canadian provinces that thecompany works with to increase distribution. Looking to retire, the sellermanages the office, oversees production operations, and does some sales.

       

      Products include kick plates, door stops,push bars, door pulls, coat hooks and more. Distributors are selling tocommercial clients for condos, hospitals, schools and businesses. A buyer couldgrow the market share by expanding product options, such as patch locks andlocking door pulls.

       

      The company’s strong market presence andsolid reputation offers a unique opportunity to take an established name andgrow it to the next level. At a purchase price of just under $8M, a buyer wouldbe receiving a 7-figure cash flowing operation.


       
      Print Listing
  • Lease / Asset Information
    • Rent Rent Deposits
      Lease Ends
      Accounts Receivable Square Feet
      Inventory Inventory Included No
      Furniture, Fixtures, and Equipment (FF&E) FF&E Included No
      Other Assets 1298246 Assets Included Yes
  • General Business Info
    • Other Information
      Employees 30 FTE Part Time Employees
      Hours Open Days Open
      Year Established
      Training 6 months
      Selling Reason
      Property Features
  • Images
    •  
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About the Broker....

The Firm Business Brokerage

Cortney Sells
11550 West Dodge Road
Omaha, Nebraska 68154
Phone: 402.998.5288
Fax: 402.939.0857
Broker's Website
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Contact Information

Contact Name Cortney Sells
Phone # 402.998.5288
 

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