Priced $1.5 M for a share sale. Annual sales were $2.6 M in 2007 with adjusted profits of $470,000. This is a 22 years established company with a very loyal and repeat customer base including more than 1000 active customers. The company makes huge margins by importing more than 75% of its products from overseas including China and distributing them to independent card and gift shops, and nurseries in Canada.
The company operates from a 26,000 sf. facility in Mississauga and has 11 employees including a manager in China to oversee the manufacturing and importing of the company products.
Unlimited opportunities exist to expand this company especially in the US market since the company is the leader in its niche market an enjoys solid competitive advantages ( Excellent service, in house design, competitive pricing and top producing sales representatives).
This Business is Sold