Information Technology Distributor/Manufacturer - GT

Toronto, ON, CanadaInformation TechnologyBusinessSold

Sold

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Listing details

Sold As listed until it sold, kept for reference.

Revenue (TTM)
$900K CAD
Cash flow (SDE)
$154K CAD

Figures as reported by the seller. What is SDE?

Highlights

  • Established in 1989

About this business

As the seller described it while it was for sale.

Established in 1989, this company is a distributor and manufacturer of passive networking products such as cables, cabinets, fiber-optic cables, switching devices, patch panels and uninterruptible power supply (UPS) units. They have recently instituted an e-commerce website and has huge growth potential. In addition to a customer base of 2,000 businesses consisting primarily of major institutions, a significant volume is maintained with contractors. Although the company services 100 major clients, no single entity represents more than 10% of the companys annual revenues. This is an opportunity to become part of a growth industry with minimal risk and a huge profit potential.

COMPETITION AND MARKET: There are various competitors in Toronto, but few that have in excess of 25 years of experience in both distribution as well as manufacturing.

GROWTH POTENTIAL: Although many of the companys major accounts are large institutions such as banks, insurance companies, utilities and colleges, a large percentage of the business also services small independent contractors. The ecommerce site that was recently brought online also offers enormous future potential.

The owner answers

As the owner answered while it was for sale.

Why are you selling?
Retirement.

Business details

DetailInformation
Business modelTraditional
Legal bodyIncorporated
Established in1989
Financing availableNo
Proprietary assetsDistribution rights
Last year of completed statements2016
% of business selling100%

Premises

DetailInformation
PropertyLand and building not included in the sale
Rent/Lease Amount$4,200 CAD a month

Buyer requirements

Buyer does not need to have experience owning & operating a business or franchise.

Buyer does not need specific industry experience.

Location

Toronto, ON, Canada

Listed by Cansaga Inc.

Listed June 11, 2017 · Last updated January 8, 2018 · Listing ID #728

Before you go further

Listings are written by the seller or their broker. Verify everything before you sign.

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