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Leading Architectural Lighting Manufacturer in North America with Patented Technology

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Complete NDA for Full Overview

Price: $1,900,000

Annual Revenue: $2,770,000

Minimum Equity Required: $760,000

SDE: $673,000

Location: Ontario

Industry: Retail, Services

ID: 1318

Description

North America's leading architectural lighting manufacturer has patented technology, and services repeat customers from some of the most prestigious brands in Canada and the United States: Moxy, Louis Vuitton, Four Points Sheraton, Hilton and dozens more. With contracts already in place for the next fiscal year this business is set up for continued growth.

The ideal buyer is someone who is ready to take the business to the next level. Having knowledge or interest in (but not limited to) technical and engineering in electronics and sheet metal would be a plus.

The owner is selling 100% of the authorized and issued share capital of the company. The offering price considers Working Capital is adjusted at $0, meaning the negotiated working capital amount will be in addition to the offering price. See Financial section for more details.

By completing the NDA and becoming adequately qualified, you will be sent a full Offering Memorandum that will answer most, if not all, of your questions when the listing becomes live.

Financial Information

Inventory is included in the asking price and the value is estimated around $15,000.

Annual Revenues and Seller's Discretionary Earnings:
2020
Revenue: $2,770,000
SDE: $673,000

2019
Revenue: $2,450,000
SDE: $701,000

2018
Revenue: $2,370,000
SDE: $559,000

2017
Revenue: $2,670,000
SDE: $510,000

** Seller's Discretionary Earnings (“SDE”) is a calculation of the total financial benefit that a single full time owner-operator would derive from a business on an annual basis. SDE is the pretax and pre-interest profits, before non-cash expenses, owner's benefits, one time investments, and any non-related income or expenses. SDE may require that expenses be adjusted if a new owner (Purchaser) will necessarily need to take on a new expense. SDE is also referred to as Adjusted Cash Flow, Total Owner's Benefit, Seller's Discretionary Cash Flow, or Recast Earnings.
 
** Our expectations are for a minimum 40% down payment on the final negotiated purchase price. Feel free to run some of your own calculations here:
https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator

Operations

The business operates on 8,000 sq ft of land.
The seller owns the unit and options are available for lease.
Rent: $13,735 (Including TMI) + GST

*Gateway Business Brokers operates as an independent contractor and is not an agent, employee, partner or broker of the Seller, Buyer or any other party and does not owe fiduciary duties to prospective Buyers. If the business Purchase involves a transfer of real estate, of any kind, the Buyer/Purchaser shall obtain the services of a licensed lawyer for the conveyance and land or lease transfer element(s) of the transaction.

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA For Full Overview

For more information on this listing, please complete our Non-Disclosure Agreement

Complete NDA for Full Overview
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At Gateway, as M&A professionals, we specialize in mergers and acquisitions, turning goals into reality for both sellers and buyers. We excel in advising the buying and selling of businesses, prioritizing top-notch client experiences, guided by solid values.

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