A growing manufacturer of industrial material handling products with an extremely large and diverse North American customer base, including some leading tier-one automobile component fabricators, is for sale in the Greater Toronto Area. This business, with average adjusted EBITDA of $1.9M in 2019, has continued to perform well in 2020. The company has a unique low-cost and low-overhead model in the manufacture of both standard and custom products for more than 250 foundational customers (comprising upwards of 60% of revenue) and its impressive roster of some well-known North American clients. The entrepreneurial founder, who owns the premises in which the business is located, is looking to begin a new phase in his career and is seeking a qualified buyer to help transition a change in ownership.
Price and terms