MergerPlace

Well Established and Profitable

British Columbia


  • Asking Price: $845,000
  • Gross Income: $2,030,094
  • Cash Flow: $410,270
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $173,332
  • Listing ID: #223558
  • Established: 2002
  • Employees: 5 FT / 1 PT

Business Description

This well established and profitable steel products manufacturer has been in operation for 18 years supplying developers and contractors with high quality products that satisfy their needs. The owner is retiring and wants to pass the torch to a new to a new entrepreneur that wants to take the business to the next level.

With plenty of repeating customers the business is priced at a very reasonable 3.5X average discretionary earnings including equipment and six months of net working capital.


Business Details

Primary Business Category: Manufacturing - Fabricated Metal Products
Location: British Columbia

Company Information

Year Established: 2002
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5 FT / 1 PT

Financial Information

Asking Price: $845,000
Gross Revenue: $2,030,094
Cash Flow: $410,270
FF&E: $173,332
Seller Financing Available: No

Property Information

Facilities:

The business is centrally located in the lower mainland with easy access for receiving materials and supplying to clients. The area is about 2800 square feet and the current lease expires in October 2023. No problem to renew.

Reason for selling:

Owner wants to retire.

Support & Training:

Will train for 3 weeks @ no cost The business supplies and installs steel fabricated products. The company has Canadian Welding Bureau Certification (CWB).

Contact Business Seller

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Business Listed By:

Aturo Kalb

Murphy Business Brokers