About the business
The “Seller” wishes to sell the shares (90%) he holds in his company, a promotional products business.
The company specializes in the distribution of customized promotional products. With over 25 years’ experience as a renowned supplier of apparel and promotional products, the company has often been recognized in the industry as Distributor of the Year in Eastern Canada, for the Image Award.
- Importer and distributor of promotional products
- Corporate clothing
- Promotional items
- Corporate gifts
- Products for sports teams
- School uniforms
The transaction in details
Asked Price
$5,300,000
Transaction Leadtime
9 months
Negotiation with more than
--
Region
Montérégie
Human Resources
8
Commercial Building
Yes, $3,000,000
Transaction highlights
The shareholder-managers owned a distributor of promotional items in the Montérégie region, along with their building. The building covered an area of 15,250 sq. ft.
The company was purchased by a strategic buyer in the manufacturing sector. We succeeded in selling the company, but without the building for the time being.
Summary of deadlines
- 6 months to formalize the sale at a price very close to the asking price.
Customer testimonial
As confidentiality is an integral part of our process, our client has requested that his testimonial to our services not be made public. However, he remains available as a reference should future clients wish to discuss our services and his experience with us.
