4 & 12 - 8540 KEELE Street, Vaughan, Ontario, Canada, L4K2N2

299,000
for Sale

About the property:

Established in 2003, this well-established Vaughan-based business is a recognized manufacturer and distributor of stainless steel fastening products serving customers across Canada, the U.S., and international markets. The company offers stainless steel banding systems, cable ties, buckles, clamps, tools, and related fastening solutions to a diverse range of industrial sectors. The business benefits from a strong industry reputation, established supplier relationships, recognizable brand, professional website, streamlined operations, and a loyal customer base. Significant growth potential exists through expanded online sales, digital marketing, new product lines, and geographic expansion. Ideal opportunity for an owner-operator, strategic buyer, manufacturer, industrial distributor, or investor. Training and transition support will be provided. NDA required prior to release of financial and confidential business information. The monthly rent for Unit #4 is $2,000. The monthly rent for Unit #12 is $2,674, of which approx 50% is reimbursed to the tenant by the seller under a leaseback arrangement for a portion of Unit #12. The Band-N-Go name and related intellectual property are licensed to the Purchaser and are not included as owned assets in the sale.

Extra info:

The sale includes the leasehold improvements, equipment, chattels, fixtures, Canadian customer information/list, supplier list, and other operating assets of the business, as further detailed in the transaction documents. The "Band-N-Go" trade name, business name, trademark, goodwill associated with the name, and related intellectual property are specifically excluded from the sale and will remain the property of Band-N-Go Inc. and/or its owner. Upon successful completion of the transaction, the Purchaser will be permitted to continue using the "Band-N-Go" name under a separate licence agreement, subject to mutually agreed terms, for a nominal annual licence fee of $10.00. The Purchaser will receive the right to use the name under the licence but will not acquire ownership of the Band-N-Go name or related intellectual property.
Sale Of Business false
Property Type:
Sale Of Business
Status:
for Sale
Business Type:
Manufacturing
Heating Type:
Gas Forced Air Open
Cross Street:
KEELE ST & LANGSTAFF RD
Listing ID:
N13525632

Rooms

Dimensions

Brokered by:
RE/MAX Escarpment Realty Inc.
Source: CREA
Presented By:

Al & Peggy Cunningham

Brokers

Re/Max Experts, Brokerage*