The focus of this business is the manufacturing and sales of traffic and safety signs and related products (i.e. sign posts, sign mounting hardware, street name mounting hardware, safety equipment and apparel). The company sells to a variety of municipal clients as well as private end users (i.e. universities, property management companies, construction companies, etc.) and its products are manufactured to the specifications of the Ministry of Transportation of Ontario. The business is a one-stop shop for clients providing end to end solutions with integrated graphic design and screen printing capabilities. The company was established in 2006, however owners have been in the business for combined total of 45 years, and the company almost immediately passed $500,000 in gross annual sales. Because of recent recall of a bank loan providing a line of credit to the business, the owners ran into cash flow issues, where they had to be more selective in terms of taking on new clients and only work with ones that could pay on delivery and provide better profit margins, thus decreasing gross sales to approximately $300,000 in 2011. This is an ideal situation for a motivated individual to acquire a business with trained staff, almost new equipment, established client list and by injecting moderate Working Capital into the business to monetize on this growing opportunity. It is a rare situation where the business is stumbling because of its inability to finance the production and keep up churning product satisfying the demand that exists for it. Provided financial numbers are for 2010 and do not reflect the above-mentioned decrease in sales caused by cash flow shortage.
We're sorry, this listing has been canceled.
You can browse for similar listings in the following categories: