Brydon Marine Products Ltd. in Barrie, Ontario is seeking to sell its inventory, office equipment and possibly its name.
A distributor of marine products in Barrie since 1983, owners William and Sue Brydon have decided to retire after selling their business. Last year, the company moved from its once-owned building on Welham Rd. to its current rented location on Saunders Rd.
Sue Brydon feels the sale presents a real opportunity for other distributors or marine businesses to either expand their presence or acquire inventory at an appealing rate. “We have $1.5 million worth of inventory at the moment,” she explains. “We hope to clear it out and then retire. With this going on, we have not replenished our stock this year.”
According to Brydon, a number of businesses have already expressed an interest in acquiring Brydon Marine's existing inventory, which includes items from some of the more than 60 brands it carries. “We still have a lot of ITT products, Attwood, Rule and Garelick,” says Brydon. “Our name is also well known in the area and we may sell that as well.”
For more information visit www.brydonmarine.yp.ca or call 705-722-6431