Ecommerce Art Manufacturing

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Wall art Manufacturer,For Sale
Asking Price:
$3,500,000

Gross Revenue:
$3,600,000
Cash Flow:
$749,989
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$11,000,000
not included in asking price

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Business Description

Established wall art manufacturer,in business for over 28 years and very profitable.
The business occupies 31.000 sq ft in a modern manufacturing fascility in Vaughan,Ontario,Canada,with state of the art,computerised equipment.
The company has a strong focus on the fast growing ecommerce sector.
Lots of potential to grow brick and mortar accounts if required.
The business can grow by 20-30% per year.
The owner will offer training support,or consulting as required.
The company owns exclusive rights to much art,and engages with many top artists.
The business is being sold as a going concern with all inventory and equipment.
The business could be relocated if required.

About the Business

Location:
Toronto, Ontario
Year Established:
1991
Number of Employees:
19
Relocatable:
Yes
Home Based:
Yes
Real Estate:
Owned
Building Sq. Ft.:
31,000
Facilities:
The company currently operates in a 31.000 sq ft fascility,and there is capacity for much more business from the current location.Equipment is mainly relatively new computerised printers,saws,and other related pieces.
Website:
FRAMEDCANVASART.COM
Market Outlook/
Competition:
The market for the art in primarily North America,but entrance to UK and Germany is about to happen with our ecommerce partners.The company manufacturers many exclusive products to bypass competition.
Growth & Expansion:
Substantial growth is possible to a new energetic owner,many markets are open and takeovers are possible.
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About the Sale

Reason For Selling:
The owner is retiring after 28 years of building the business from scratch.
Training/Support:
In addition to training the owner would entertain a part time consulting position.
Seller Financing:
Seller is prepared to offer financing with an adequate deposit.

Listing Info

ID:
1500681
Ad Detail Views:
65

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Business Listed by
Errol Toderovitz

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