Deal Alert: Established Electrical Control Panel Manufacturer in Canada

📍 Location: [Canada]
💰 Asking Price: $16M
📊 Revenue: $15M TTM
💼 Net Profit: $5.1M

🌟 Why This Business is Great:

Long-standing Industry Reputation:

ET is a highly regarded electrical control panel manufacturer with a rich history of over 50 years in the industry. The company has established itself as a leader in the production of control panels, renowned for its exceptional quality and innovative solutions. All manufacturing processes are conducted in-house, ensuring stringent quality control and seamless integration of both electrical control systems and their enclosures. This comprehensive approach allows ET to maintain high standards and meet the diverse needs of its clients efficiently

Diversified Revenue Streams:

Serving clients across the U.S., Canada, the diversified services across multiple industries, reduces revenue / industry concentration risk. The company excels in custom fabrication, advanced control systems, and enclosure assembly, in high-demand industries like aerospace and oil & gas, alongside consumer and food sectors, demonstrating its resilience and broad market reach.

Solid Financial Backlog:

With a $15M TTM and $25M quoted contracts the company is financially robust and poised for growth. The strong pipeline of work provides immediate revenue security, ensuring the incoming owner has a solid foundation to build upon.

Marketing opportunity:

There is substantial opportunity for revenue growth by implementing a proactive sales strategy, pursuing more projects, and exploring untapped markets. The management also intends to optimize operational workflows by introducing improved systems

and processes, driving efficiency and supporting sustained growth. These strategies position ET for expanded market reach and increased revenue streams. The company currently has no marketing activities, significant growth can be driven by enhancing the company’s online presence through a revamped website, SEO optimization, and active social media engagement. This will significantly increase visibility and attract more leads.

Expansion and Licensing Opportunities:

A significant growth opportunity lies in entering previously untapped markets, such as high voltage control panels, where supply is limited despite rapidly increasing demand. By obtaining the necessary licensing, ET can expand its offerings to meet this demand, positioning the company for substantial growth.

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