Need help?

Footwear Company for Sale in Ontario, Canada

For Sale: Non operational CSA safety footwear boots & shoes manufacturing company in Ontario, Canada.
This transaction has concluded.

Established 40-50 year(s)
Employees 5 - 10
Legal Entity C Corporation
Reported Sales USD 1.07 million
Run Rate Sales Nil
EBITDA Margin Nil
Industries Footwear
Locations  Ontario
Local Time 12:57 PM America / Chicago
Listed By Management Member
Status Active
Overall Rating
Full Sale
Asking Price: USD 930 thousand (Native Currency: CAD 1,300,000)
Reason: No time to manage the business since we have other businesses to look after.
Includes physical assets worth USD 930 thousand
Business Overview
- Manufacturer of safety footwear boots & shoes in Ontario, Canada.
- We specialize in CSA / ASTM work boots with high quality metatarsal.
- Have 8-10 vendors from whom we procure raw materials.
- We can produce 200-600 pairs of boots a day.
- Have stopped production activity as of now since we do not have time to manage the business.
- Company has patent for metatarsal protector and we have granted our license to a company in Bangladesh and another company in Canada.
- We also have an e-commerce website where customers can buy our products online.
- Have one renter using 3,000 sq ft space in our building through which we receive a yearly income of USD 30,000.
- Our assets include land, building, machinery, moulding equipment, website, domain and stock.
- Promoters have more than 30 years of experience in this business.
Products & Services Overview
Direct attached polyurethane mid sole to rubber out sole work boots and shoes.
Facilities Overview
Owned 3.9 acres land and 24,000 sq ft steel building.
Capitalization Overview
Not Disclosed
Recent Activity
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
Frequently
Asked
Questions
  • Why can’t I see the business’ name or contact number? How do I contact the business?
  • What level of due diligence does SMERGERS conduct on the businesses/member?
  • How active are the business profiles listed on SMERGERS?
  • How does SMERGERS rate business profiles?
  • Do I need to pay to connect with a business?
  • Show more