Custom Stair Design and Assembly Business

Custom Stair Design and Assembly Business

Custom Stair Design and Assembly Business
Price: $1,375,000

Location: Greater Toronto Area

Industry: Construction & Engineering

This is an opportunity to acquire a Custom Stair Design and Assembly business that has been in operation since 2014 and provides services to Architects and Custom Home builders where specialty stairs are required in the Greater Toronto Area. The company designs and assembles the stairs on site, working with wood, metal and other materials as required by clients.

The business utilizes several quality suppliers to manufacture the stairs and components to the specifications set out by the company. Manufactured items are delivered to the site where the company installs the stairs. There is no facility required to store any inventory, so this specialty service could be an add-on for a potential buyer with no geographic boundaries.

Revenue has grown over the past 5 years, with project opportunities being submitted to the company from its existing client base as well as new clients from referrals. The company has increased its margins by focusing on complex projects, where fewer competitors operate. The business capitalizes on high-end custom build and renovation opportunities which are not limited during an economic downturn.

This business opportunity is ideal for a related custom manufacturing company that supplies to the home construction industry and is seeking to increase its market share, diversify, and/or expand its production line. The current owner is willing to provide training and transition as required to assure the ongoing success of the business. The contemplated transaction is a share deal and the owner would leave a normal amount of working capital of about $120,000 to ensure ongoing continuous operations.

Revenue and EBITDA numbers presented are averaged for the 2021 and 2022 fiscal years.

Revenue: $2,160,000

EBITDA: $436,000

Employees: 3

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