About the company
The company is a wholesale distributor of industrial parts. The company has a wide range of products in its catalog, which it distributes to manufacturers all over the world, but mainly in Canada and the United States. The company’s main role is to help OEMs (Original Equipment Manufacturers) maintain their production schedules and avoid assembly line interruptions caused by backorders on relatively low-value items. The company also offers personalized service to some of its largest customers.
The transaction in numbers
Asking Price
1 020 000$
Transaction leadtime
6,6 months
Negotiation with more than
38 buyers
Region
Montréal
HR
1 employee
Commercial Building
Non
Transaction Highlights
The shareholder/manager was the owner of a company operating a wholesale distributor of industrial parts.
The sale price was lower than we had asked, as the owner of the company died during the process, and the company’s sole employee had an accident that prevented him from working for a month. Fortunately, we still managed to sell the company.
Summary of leadtimes
- 2,3 months to bring the company to market;
- 2,5 months to find a buyer and sign a letter of intent;
- 4,1 months to formalize the sale.
Customer testimonial
Our client’s (deceased) wife is available as a reference if needed to attest to our services.
