Wire Rope, Chain and Rigging Distributor

Not Disclosed, Confidential


Asking Price: Annual Revenue:
$693,973 $1,260,000

Wholesale/Distribution: Durable Goods


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RE: Wire Rope, Chain and Rigging Distributor Broker: Stephen Harrison

Quick Facts

Asking Price: $693,973
Annual Revenue: $1,260,000
Net Profit: Not Disclosed
Cash Flow: $104,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 572247780
Broker Reference #: 418990-S5H22

Email or Print Listing

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Business Overview:

The Wire Rope, Chain and Rigging Distributor is located in Western Canada.

The Company is a distributor of various wire rope, chain, rope and rigging products. In addition, the Company carries safety slings and related products. The Company serves various industries, such as construction and transportation.

The shareholders are pursuing a full sale of the business to a buyer who can grow the business further. The current owners are willing to remain in the business for a negotiated time period to ensure a smooth transition to new ownership.

The reason for the business sale is retirement.

Key Investment Highlights
Unique Distribution Rights — The Company has a couple of exclusive distribution rights for its sales area.

Experienced, Dedicated Team — The Company’s team is dedicated, skilled and experienced. They are committed to maintaining the Company’s high service and safety standards.


Seller’s Discretionary Earnings (SDE)*:
2019: $170K
2020: $200K
2021: $104K
*excludes dividends


**Figures in CAD$

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Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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