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Multi-Trade Custom Metal Fabrication Business For Sale - Ref #3800

$2,000,000.00 (Cdn)

Multi-Trade Custom Metal Fabrication Business For Sale - Ref #3800
 
Business Location: Toronto Area
Postal Code: M4C
Relocatable: No
 
Business Categories:
Construction & Renovations
Industrial Manufacturing & Service
 

  BUSINESS  FEATURES  

Revenue : $5,300,000
Asking Price: $2,000,000
Ref: 3800
Location : Ontario - Greater Toronto Area
Status : NEW

*30 Year old GTA based multi-trade contractor that specializes in millwrighting, ironwork, custom fabrication, piping, and tank building

*Business is generating over $5.3M in revenue in 2023 and on track to similar revenue in 2024

*Company has a Sellers Discretionary Earnings of $470K in 2023 with a potential to increase profitability by rationalizing staff functions and adopting new technology

*Business serves many industries- oil & gas, steel, chemical cement, power, fertilizer, mining and food


FINANCIAL INFORMATION

*Business is known leader in fabricating new tanks, refurbishing tanks, pipe fabrication/refurbishment & installation, and custom fabrication work

*Over the last 30 years, Business has developed excellent customer & supplier relationships with a history of satisfied and well served clientele and draws repeat business from its existing customers

*Business has an in-house fabrication facility, equipped with overhead cranes and over-sized indoor/outdoor access and a highly skilled workforce


MARKET & COMPETITION

*Huge potential to grow revenues by enhancing the current sales processes, leveraging customer relationships and bidding for more projects

*Seller(s) are looking to retire; however, they are willing to stay for an agreed upon time for a proper transition

*Business price includes ~$400K worth of Inventory/Tools/Trucks

*The Owner (s) will consider a reasonable Vendor Take Back from a qualified buyer


 INCLUDED, EXCLUDED & OPTIONAL 

 

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