Profitable Composite Manufacturing Business for Sale in Greater Toronto Area

This is a highly profitable and innovative custom composite mold and tooling manufacturing business located in the Greater Toronto Area, Ontario, Canada. With over 17 years of established expertise, the company specializes in producing high-tolerance molds and tools for key industries such as automotive and transportation. Their product range includes Tooling Boards, Prepreg Molds, Seamless Modelling Paste, and Resin Infusion components. The business boasts a diversified client list, primarily serving Tier 1 and 2 suppliers to major multi-national corporate brands. Optimized for efficiency, it can handle projects of varying complexity, from small and simple to large and intricate. The sale includes a substantial list of specialty equipment. In 2023, the business achieved $4.4 million in sales and has demonstrated consistent profitability with a three-year average Seller's Discretionary Earnings (SDE) of $1 million, with forecasts indicating continued growth. Sales have grown at an average of 31% year-over-year since 2021, and 2024 is on track to maintain revenues with an improved SDE forecast. The facility is an 18,000 sq ft leased warehouse in an ideal industrial location, conveniently situated near major roads, highways, and Pearson Airport. The owner is offering a negotiable and extensive transition period to ensure a smooth handover.