Information Technology Business For Sale in Toronto, ON (Listing ID: 728)

SOLD

Information Technology Distributor/Manufacturer - GT

Established in 1989, this company is a distributor and manufacturer of passive networking products such as cables, cabinets, fiber-optic cables, switching devices, patch panels and uninterruptible power supply (UPS) units. They have recently instituted an e-commerce website and has huge growth potential. In addition to a customer base of 2,000 businesses consisting primarily of major institutions, a significant volume is maintained with contractors. Although the company services 100 major clients, no single entity represents more than 10% of the companys annual revenues. This is an opportunity to become part of a growth industry with minimal risk and a huge profit potential.

COMPETITION AND MARKET: There are various competitors in Toronto, but few that have in excess of 25 years of experience in both distribution as well as manufacturing.

GROWTH POTENTIAL: Although many of the companys major accounts are large institutions such as banks, insurance companies, utilities and colleges, a large percentage of the business also services small independent contractors. The ecommerce site that was recently brought online also offers enormous future potential.

Information Technology

Toronto, ON

$350,000 CAD

Toronto, ON Information Technology Business For Sale Details

Independent

Legal Body:

Incorporated

Established In:

1989

Proprietary Assets:

Distribution rights

Last Year of Completed Statements

2016

Gross Revenue:

$ 900,000

Annual Earnings:

$ 154,000

Land/Building Included:

Rent/Lease Amount:

$ 4,200

% of Business Selling:

100%

Reason for Sale:

Retirement

Financing Available:

Buyer does not need to have experience owning & operating a business or franchise.

Buyer does not need specific industry experience.

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