Parts Manufacturing Business
Business Overview
Business Status: Sold
This Parts Manufacturing company has achieved unparalleled results since its inception in 1980. The company’s success is credited to unwavering dedication to clients and employees, and a focus on continuous improvement. This ISO 9001:2015 certified enterprise has a proven track record of handling complex projects with strict deadlines throughout Canada and the US and across several industries. Competitive advantage is achieved through retaining an experienced and skilled workforce, maintaining lean inventory levels, and handling the entire production process in-house which includes engineering and design, machining, metal stamping, and fabricating.
The owners have spent the past several years ensuring key management is in place and production capacity is increased in order to facilitate future growth.
Business Profile
Industry: |
Industrial Parts Manufacturer |
Location: |
Southern Ontario, Canada |
Entity: |
Corporation |
Founded: |
1980 |
Number of Employees: |
70-80 |
Financial Information
Revenue Summary: |
Top-line annual growth rate (CAGR) of 10% from FY2015 to FY2019. Sales forecasted to reach $15.9M in the next 4 years |
EBITDA Summary: |
17% annual growth rate (CAGR) or $1.7M from FY2015 to FY2019. EBITDA projected to grow to $4.1M by FY2023 (4 years) |
Revenue
FYE |
Normalized |
2019 |
$14,170,700 |
2018 |
$12,561,300 |
2017 |
$13,368,600 |
2016 |
$10,152,500 |
2015 |
$9,479,500 |
EBITDA
FYE |
Normalized |
2019 |
$3,606,000 |
2018 |
$2,577,800 |
2017 |
$3,449,100 |
2016 |
$2,166,200 |
2015 |
$1,887,300 |
Additional Notes
- Industry Leader
- ISO 9001:2015 Certified
- Positioned For Future Growth
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