Highly Profitable Sourcing Agency in the GTA

Business Overview

Business Status: Available
This Sourcing Agency has been in operation for over 17 years and has developed a strong client base in the manufacturing and wholesale space.  The owners are looking to transition into retirement and as a result are searching for an individual or organization that has experience sourcing products overseas.   This business has a significant amount of recurring orders which makes this opportunity very attractive, as very little business development is required in order to maintain current levels of income.  Success is attributed to years of experience dealing with domestic and overseas suppliers, well defined processes, a customer centric approach, and a deep network of suppliers and agents.  This business is very profitable and positioned for continued growth.

Business Profile

Industry: Sourcing Agency
Location: Greater Toronto Area
Founded: 2002
Number of Employees: 3

Financial Information

Asking Price: $530,000

Revenue

FYE Normalized
2019 $2,588,000
2018 $2,418,000
2017 $2,049,000

EBITDA

FYE Normalized
2019 $187,000
2018 $120,000
2017 $99,000

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