Business Description

This opportunity involves purchasing a $5 million business with a normalized net income of over $1 million, offering a guaranteed return on investment of over 20%. The business focuses on providing remanufacturing equipment for municipal government projects, offering a close-to-cash operation with quick payment turnaround times. In 2024, the after-tax profit is projected to be $1 million, potentially reaching $3 million by 2028. An analysis conducted in April 2024 estimated the fair market value of the business at $4,922,500 CDN, considering various factors and growth potential. By applying a multiple of 4.23 to the estimated normalized net income, the updated valuation at the end of 2024 is expected to reach $4,653,000. When factoring in the $1,750,000 fair market value of the equipment, the total valuation is projected to be $6,403,000. Overall, this opportunity offers significant profit potential for a $5 million