Acquiring a lucrative business requires meticulous consideration and strategic decision-making. For those with an investment mindset and financial readiness, a plethora of business opportunities awaits in the dynamic landscape of Canadian commerce. In this exclusive exploration, we unveil the top ten multi-million dollar revenue Canadian businesses for sale in 2023, promising not only financial success but also the opportunity to leave a lasting impact in diverse industries. Our journey will traverse through a curated selection of businesses available on the largest marketplace, Openfair.ca, boasting over 2,650 businesses for sale in the U.S. and Canada. Join us as we delve into the unique stories and potential of each enterprise, offering insights into their operations, financial prospects, and the exciting opportunities they present for aspiring investors.
1. MANUFACTURING AND DISTRIBUTION OF MEDICAL EQUIPMENT :
Listing link: https://app.openfair.ca/home/listing/OF0000322
Location: Quebec, Montreal
Secondary Location: Ontario
Price: $45,500,000 CAD
Revenue: $50,600,000 CAD
Profit: $5,600,000 CAD
Our first stop on this entrepreneurial expedition brings us to the heart of medical innovation in Quebec, Montreal. The MANUFACTURING AND DISTRIBUTION OF MEDICAL EQUIPMENT is a company specializing in the research and production of cutting-edge medical equipment. With a focus on serving laboratories, research centers, and hospitals, this enterprise stands out for its state-of-the-art factory and unwavering commitment to quality.
Priced at $45,500,000 with a revenue of $50,600,000 and a notable profit of $5,600,000, this business not only offers financial stability but also the opportunity to contribute to advancements in the healthcare sector. From its primary location in Quebec to a secondary presence in Ontario, this company positions itself at the forefront of professional and technical services, research and development, as well as health and social services. The allure of this venture lies not just in its impressive financials but in the potential to be part of groundbreaking advancements in medical technology. As we navigate through our list, let's dive deeper into each business, unraveling the unique opportunities they present.
2. Hydrovac Water Solid Waste And Fluid Hauling Company :
Listing link: https://app.openfair.ca/home/listing/OF0002820
Location: Alberta, Canada
Price: $13,000,000 CAD
Revenue: $15,500,000 CAD
Profit: $4,000,000 CAD
Our next featured business takes us to the rugged terrains of Alberta, where a highly profitable company has carved its niche in the oil, gas, construction, and utility industries. This Hydrovac Water Solid Waste and Fluid Hauling Company, priced at $13,000,000 (CAD), has been a stalwart in the industry for a decade.
Boasting a sales revenue of $15,500,000 (CAD) and a robust cash flow of $4,000,000 (CAD), this Alberta-based enterprise is equipped to handle the diverse needs of its clients. With a modern fleet exceeding 50 units of state-of-the-art equipment, this company prides itself on a team of highly trained professionals, emphasizing safety, efficiency, and quality in every aspect of its operations. Aspiring investors with a penchant for industries driving Western Canada's economic engine will find this opportunity particularly appealing. Join us as we unravel the layers of this well-established company, offering insights into its operations, growth potential, and the unique value it brings to the dynamic sectors it serves.
3. Successful Canadian Food Distributor :
Listing link: https://app.openfair.ca/home/listing/OF0002776
Location: Quebec, Canada
Asking Price: $23,000,000 CAD
Revenue: $18,286,920 CAD
Profit: $3,871,289 CAD
Our journey into the realm of lucrative business ventures continues with a spotlight on a highly successful Canadian Food Distributor based in Quebec. Founded over two decades ago, this distributor has not only thrived in the grocery and healthcare product sector but has also become an integral part of the supply chain for Tier 1 retail chain stores.
Priced at $23,000,000 (CAD), with sales revenue reaching $18,286,920 (CAD) and a noteworthy cash flow of $3,871,289 (CAD), this business exemplifies success in a competitive market. With a medium-sized building and distribution center available for sale in addition to the business, the potential for expansion and consolidation across Canada is a promising prospect. The success of this distributor is not just a testament to its financial stability but also to its pivotal role in ensuring cost-effective, efficient, and timely delivery of products to retail channels. Stay with us as we unravel the layers of this thriving enterprise, exploring the growth opportunities it presents for investors with an eye on the expanding Canadian market.
4. Custom Furniture Manufacturer And Distributor:
Listing link: https://app.openfair.ca/home/listing/OF0001892
Location: Not Disclosed, Ontario, Canada
Asking Price: $19,000,000 CAD
Revenue: $22,000,000 CAD
Profit: $3,274,035 CAD
Venturing into the heart of Ontario, we encounter a hidden gem in the world of furniture design and manufacturing. This successful Canadian Furniture Manufacturer and Distributor, founded in 1995 and still family-owned, has thrived by building a reputation for high-quality, custom products. With an asking price of $19,000,000 (CAD), this enterprise boasts sales revenue of $22,000,000 (CAD) and a cash flow of $3,274,035 (CAD).
Operating under two separate legal entities, this business has strategically positioned itself to cater to a diverse clientele, including institutional clients, hotels, restaurants, and healthcare facilities. What sets this enterprise apart is not just its impressive financials but its ability to deliver custom solutions with minimal lead times, using a significant component inventory. The consolidated business, anticipated to exceed pre-pandemic sales volumes in fiscal year 2023, offers a unique investment opportunity. With family members committed to a prolonged transition, ensuring the retention of critical success factors – Quality, Service, and Price – this business promises not only financial stability but also a chance to be part of the evolving landscape of custom furniture manufacturing.
5. Niche Industrial Manufacturing Company:
Listing link: https://app.openfair.ca/home/listing/OF0000956
Location: Ontario, Canada
Revenue: $7,900,000 CAD
Profit: $3,150,000 CAD
Our exploration of Ontario's business landscape brings us to a Niche Industrial Manufacturing Company, positioned as a leader in its space in North America. With an undisclosed asking price, this company boasts sales revenue of $7,900,000 (CAD) and a cash flow of $3,150,000 (CAD). As a key player in designing industrial equipment to client specifications, this B2B-oriented enterprise caters to industries such as chemicals, metal, energy, pharma, and more. The business model, focused on customer-specific design and manufacturing, underscores its commitment to delivering tailored solutions. The financial performance, coupled with growth opportunities, makes this company a compelling prospect for investors seeking entry into the industrial manufacturing sector. Join us as we delve into the intricacies of this niche player, exploring its market position, potential for expansion, and the critical role it plays in meeting the specialized needs of its clients.
6. Rapidly Growing Modular Home Builder Business :
Listing link: https://app.openfair.ca/home/listing/OF0001567
Location: Southern Ontario, Ontario, Canada
Asking Price: $10,500,000 CAD
Revenue: $14,000,000 CAD
Profit: $2,900,000 CAD
Our journey through Southern Ontario introduces us to a business that seamlessly combines profitability and sustainability – the Rapidly Growing Modular Home Builder. With an asking price of $10,500,000 (CAD), this business boasts sales revenue of $14,000,000 (CAD) and an impressive cash flow of $2,900,000 (CAD). The profitability is underlined by a seller’s discretionary earning of approximately $2.9M in the year ending May 2023.
Licensed to supply for one of North America’s largest modular supply companies, this business rides the wave of the fast-growing green building sector. With a high demand market position, consistent lead generation, and advance bookings extending into mid-2024, investors have the opportunity to not only tap into a lucrative market but also contribute to sustainable construction practices. This business stands out not only for its financial success but also for its commitment to quality, innovation, and social responsibility. As we unravel the layers of this rapidly growing enterprise, we explore its unique positioning in the modular home construction market and the untapped growth potential that awaits investors.
7. Liquor, Store, Motel, Pub, Property In East Kootenays :
Listing link: https://app.openfair.ca/home/listing/OF0002438
Location: East Kootenays, British Columbia, Canada
Asking Price: $4,599,000 CAD
Revenue: $1M - $5M CAD
Profit: $500K - $2.5M CAD
Our journey takes an exciting turn as we venture into the picturesque landscape of East Kootenays, British Columbia, where a unique opportunity awaits. A highly profitable Liquor Store, Motel, Pub, and Property package is up for grabs at $4,599,000 (CAD). This rare offering includes a movable liquor license, a fully booked 22-room motel, a profit-making pub managed by professionals, and a leased-out restaurant that generates monthly rental income.
This investment opportunity provides a lifetime chance to own not just a business but an entire property in a growing and busy town. The diversity of offerings, including a thriving liquor store, a fully booked motel, and a profit-generating pub, positions this venture as a comprehensive investment opportunity. With the liquor license alone valued at $1.35 million, this package is a unique proposition for investors looking for both a business and property investment. As we delve into the details of this East Kootenays gem, we uncover the various revenue streams, the strategic positioning of each component, and the potential for growth in this vibrant and sought-after location.
8. Thriving Industrial Sales Company with Diverse Client Base:
Listing link: https://app.openfair.ca/home/listing/OF0003050
Location: On request
Asking Price: $1,795,487 CAD
Revenue: Over $5M CAD
Profit: $500K - $2.5M CAD
Our exploration of thriving businesses brings us to an Industrial Sales Company with a stellar reputation and a diverse client base. Priced at $1,795,487 (CAD), this well-established firm has built a solid foundation for immediate success, serving vital sectors such as welding, industrial, safety, and MRO (Maintenance, Repair, and Operations) supplies.
What makes this offer even more enticing is the inclusion of an Outdoor Living Company, strategically positioned to tap into the booming demand for elevated outdoor experiences. This unique package empowers investors to diversify their business portfolio, harness their strengths, and fuel innovation in two dynamic markets. As we uncover the layers of this turnkey opportunity, we explore the assets seamlessly integrated into the sales price, ready for ownership. Don't miss the chance to step into these thriving operations and chart a path toward entrepreneurial success in both the industrial and outdoor living sectors.
9. Heavy Equipment Attachment And Accessories Business :
Listing link: https://app.openfair.ca/home/listing/OF0003000
Location: GTA, Ontario, Canada
Asking Price: $3,200,000 CAD
Revenue: Over $5M CAD
Profit: $500K - $2.5M CAD
Our journey into the thriving business landscape of Ontario takes us north of the Greater Toronto Area (GTA), where a robust business specializing in machinery attachments and accessories awaits. Founded in 2009, this Heavy Equipment Attachment and Accessories Business is a reputable player in the construction, landscaping, and agriculture industries.
Priced at $3,200,000 (CAD), with sales revenue ranging from $1M to $5M (CAD) and a substantial cash flow of $500K to $2.5M (CAD), this business has positioned itself as a one-stop-shop solution for customers across Canada and the U.S. The company offers high-quality products while maintaining affordability, catering to niche markets and serving as a key player in the heavy equipment industry. As we explore the details of this almost two-decade-old business, investors will discover not only its financial stability but also its commitment to integrity and honesty. With a focus on providing exceptional customer service and exclusive product lines, this business represents a unique opportunity to invest in a sector crucial to the construction and agriculture industries.
10. Treasure Property In Manitoba:
Listing link: https://app.openfair.ca/home/listing/OF0002817
Location: Oak Lake, Manitoba, Canada
Asking Price: $9,688,000 CAD
Revenue: $1M - $5M CAD
Profit: $500K - $2.5M CAD
Our final destination on this entrepreneurial journey takes us to the breathtaking landscapes of Manitoba, where a treasure property spanning over 600 acres is on the market. This exceptional offering includes a world-class 18-hole golf course, a 400+ unit RV park, 128 titled residential lots, a store, marina, campground, and an additional 548 acres of farm land, all priced at $9,688,000 (CAD).
Designed by Les Furbur, the golf course is a standout feature, complemented by a pro shop, driving range, and clubhouse with a restaurant and lounge. The property also includes a resort marina on a 24-square-kilometer lake, creating a world-class fishing spot. The potential for growth and development is immense, with the cooperative municipality ready to assist in realizing the full vision of this unique and expansive property. As we uncover the richness of this treasure property, investors will find not only a real estate gem but also a rare opportunity to own a piece of Manitoba's natural beauty with multiple revenue streams.
Conclusion:
In this comprehensive journey through ten multi-million dollar revenue Canadian businesses, we've explored opportunities spanning from medical equipment fabrication to modular home building, each with its unique strengths and potentials. From the thriving industries of Alberta and Quebec to the hidden gems in British Columbia and Ontario, these businesses offer not just financial stability but a chance to be part of innovative and dynamic sectors. As potential investors, the options presented on Openfair.ca are not merely business opportunities; they represent gateways to a future shaped by your strategic decisions and entrepreneurial spirit.
Whether you're drawn to the robust industrial sector, the hospitality and entertainment industry, or the scenic landscapes of Manitoba, these businesses stand as testaments to the diverse and rewarding landscape of the Canadian business market. Openfair.ca, as the largest marketplace for businesses in the U.S. and Canada, serves as the gateway to these opportunities. As we conclude our exploration, we encourage aspiring investors to dive deeper into the details of these businesses, seize the chance to contribute to their growth, and embark on a journey towards financial success and industry innovation. The world of entrepreneurship beckons, and the opportunities are boundless for those ready to take the plunge into the realm of business ownership.
