This firm is a highly successful established manufacturer serving the military, law enforcement, telecommunications and security industries. It is primarily a design-build firm and utilizes is experienced team of technologists, project managers and assemblers to bring solutions to their clients. Products include customized vehicles, specialized trailers, mobile stations and decontamination stations.
The company is known for its quality, ingenuity and efficient cost-effective designs. The dynamic team and an adaptive shop floor allow for quick response time and production flexibility. This provides a competitive edge and cost efficient production.
Most of the customers are repeat and long-standing clients.
The Listing Price of $3,000,000 includes $1,000,000 of Net Working Capital, Work-In-Process and Firm Order Backlog positions at the selling price. This NWC position is based upon a significant current order backlog exceeding $2 million which has developed since the prior year-end.
The business operates out of a 9,200 square foot facility in a major Ontario city. This includes 1,200 square feet of office space. The functional shop has state of the art production equipment supporting flexible manufacturing for innovative product solutions. There are 3 large bay doors.
There is terrific opportunity for growth by expanding the sales function and accessing more provincial and federal and municipal government equipment / vehicle requirements. As well further private sector sale & marketing could yield additional market penetration.
The business retains its a competitive edge from satisfied customers and via its low production costs and creative production team.
Owner is Retiring.
Will train for 4 weeks @ $0 cost. The business produces custom made vehicles, enclosures, mobile stations, decontamination stations and other custom fabricated steel enclosures with custom features and functions.