Listing Number: 3301-858404
Description
Reputed and established supplier and distributor of Visual Aids, Military Products, Audio Visual Products, Digital Displays, High Tech Government Hardware. Business presence for over 50 years; current legal structure for about 10 years - profitable every year.
- Customers include federal government of Canada, all departments and agencies, Canada wide provincial governments, universities and colleges, RCMP, Canada Border Service Agency and police agencies Canada wide.
- Highly profitable with opportunity to grow significantly.
- Adjusted net to owner at ~33%; last 3 years SDE at ~$200k per annum.
- High margin business with extremely low working capital. Very little inventory required to maintain.
- 2022 sales at $660k, gross margin at 53%.
- Established relationships with vendors allows for uninterrupted supply chain.
- Holds 2 standing offers / contracts with government departments.
- Data base of ~4,000 active and current e-mails to whom product specials are distributed / e-mailed regularly.
- All communication entirely through e-mails including quotations and receipt of orders.
- Current sales at $662K, gross profit at 53% and SDE at 35%. Extremely low cost, high margin and profitable.
CIM will be provided to select buyers with an executed NDA and completed Buyer Profile.
Listing Details
- Price: $ 700,000
- Down Payment: $700,000
- Sellers Discretionary Earnings: $ 230,000
- Total Sales: $ 662,000
- Location: Ottawa, Ontario
- Inventory: $ 0
- FF&E: $ 0
- Employees:
- Reason for Selling: Owner Retiring
- Category: Distribution,Hardware Ret Related,Office Supplies
