Atlantic Canada's Business Transition Specialist

SINCE 1998

ASKING PRICE:  $1,200,000
LOCATION:  Southern New Brunswick

Located in a major Maritime city, this well established and profitable business has three departments including one which is among the largest and most successful distributors of industrial components of its type in the region. It offers customers unparalleled access to an extensive list of components, as well as other industrial and consumer products. Customers include major industrial companies, contractors, utilities, hospitals, universities and community colleges as well as individuals.  With access to over 1,000 product lines, the company is virtually the only stocking distributor with a physical presence in the province. Sales revenue exceeds $3 million annually.  This business operates from an attractive 7,200 square foot leased premises situated in a high-profile location.

The company’s assets, including inventory, accounts receivable and goodwill, are valued at $1,200,000 (Cdn.)  based on financial statements dated February 28, 2021.  Covid-19 has not adversely affected the company’s financial performance.

The transaction will be structured as a sale of shares with a price of $1,200,000. The price will be adjusted to reflect the balance sheet at the time of closing. A buyer should anticipate an equity investment of approximately $500,000. The seller will consider financing a portion of the purchase price for an approved buyer with institutional financing available to complete the transaction.

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