BUSINESS FOR SALE
Project Windows & Doors
About the transaction
The company’s shareholders wish to sell 100% of their shares in their residential and commercial door and window, locksmith and general glazing business.
The company also owns a 6,000 sq. ft. industrial building, which is to be sold along with the business.
Reason for sale: The shareholders wish to concentrate on other projects after more than 20 years with the company.
About the transaction
Selling Price
$1,750,000
Revenues
1 700 000$
EBITDA
294 000$
Characteristics
The company has expertise in the sale and installation of commercial and residential windows and doors. They also offer the following services :
- Framing
- Locksmith services
- Architectural hardware
- Glass, mirrors, thermostats, screens
- Framing/molding service
The company’s offices and production plant are located in the Montérégie/Estrie administrative region. The company currently serves customers within an hour’s drive of its location.
The company employs over 8 people, including the 2 shareholders. The team is currently stable and competent.
The building, valued at $770,000, was appraised on April 6, 2022.
Région
Montérégie/Estrie
Ressources Humaines
8 et +
Bâtisse commerciale
Yes (770 000$)
Financial History
2021
Revenue
1 073 000$
Gross Margin
31%
BAIIA / EBITDA N.
44 000$
2022
Revenue
1 008 000$
Gross Margin
33%
BAIIA / EBITDA N.
83 000$
2023
Revenue
1 621 000$
Gross Margin
27%
BAIIA / EBITDA N.
268 000$
2024
Revenue
1 700 000$
Gross Margin
27%
BAIIA / EBITDA N.
294 000$
Notes
According to the "Notice to Reader" financial statements as at July 31 of each year.
Business opportunities
- 100% of the company’s current growth is organic, and no advertising efforts are being made.
- The company is currently refusing sales. Only 30% of current demand is being handled commercially
- Commercial building of over 6,000 ft2 with a large showroom
- Company has one automated machine (Fletcher MAT-PRO CMC150)
- Established for several decades
Seller support
The Sellers will be available following the transaction to introduce the new owner to customers, employees and suppliers, as well as to provide the necessary transition support and training. They will also be available to remain as paid employees.
Interested in this company?
Fill out this short form and we will contact you. In addition, we have several companies for sale that are not yet displayed.