Price: $3,995,000
Minimum Equity Required: $1,500,000
Location: Nova Scotia
Industry: Retail Trade
ID: 1442
Status: New
The ideal buyer for this business will be skilled in relationship management and sales, which would either be an existing operator in the industry or an established business professional. There is limited technical knowledge required and amply room to expand the markets and end use for the business' product or supply chain criteria, much of which would be capital dependant.
This business specializes in modular storage solutions as well as repurposing product for various other uses and has built a commanding reputation for reliability, customization, and quality. The company serves clients across multiple sectors, including construction, industrial, commercial, and institutional markets, in addition to individual buyers.
Based primarily in Atlantic Canada, the business can be overseen and managed from anywhere and has the ability to expand into markets across the country. Established trusted relationships support ongoing access to quality supply and volumes needed for continued growth.
The fastest way to enhanced value creation would be to gradually become your own supplier, but partnering with a manufacturer VS acquiring wholesale. We expect a 20% improvement in Gross Margins by doing so.
A hands-on owner-operator or strategic buyer will find immediate value and potential in this opportunity. The current team is experienced and capable, and transition support to be provided will ensure continuity and security in the cash flows. With a scalable business model and systems already in place, the company is poised for continued growth, especially with increasing demand for modular and portable infrastructure.
The owner is selling 100% of the authorized and issued share capital of the company. The offering price considers Working Capital is adjusted at $650,000, meaning the final working capital amount will be adjusted based on the final financial position of the business at closing. 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.
Fiscal Year End is December 31
2024
Revenues: $5,692,000
SDE: $946,000
2023
Revenues: $6,919,000
SDE: $868,000
2022
Revenues: $5,393,000
SDE: $1,200,000
Working capital is requirements of the company are calculated to be approximately $650,000 and are included in the asking price shall. The company is being sold on a debt free basis. Final Purchase Price = Enterprise Value +/- Working Capital Adjustment based on a $650,000 peg.
* 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.
** Please refer to our Minimum Equity requirements. Our expectations are for a qualified buyer to be "capable" of making a minimum 35% down payment on the final negotiated purchase price, to be considered truly qualified. Feel free to run some of your own calculations here:
https://www.bdc.ca/en/articles-tools/entrepreneur-toolkit/financial-tools/business-loan-calculator
The business' primary operations are centrally located with ample space for inventory, fabrication, and expansion.
There are a total of 8 leased locations, where inventory is organized and distributed from.
For more information on this listing, please complete our Non-Disclosure Agreement
For more information on this listing, please complete our Non-Disclosure Agreement
Complete NDA for Full Overview