||Employees||30 full, 37 part
* Included in Asking Price
This enterprise designs, manufactures, and installs major heavy-duty custom steel and metal components & assemblies for diversified industries. The business uses state of the art equipment and employs a range of skilled trades such as machinists, fabricators, millwrights, and pipe fitters. The company designs and manufactures customized steel products, ranging in size from small parts to huge assemblies, such as conveyors, ramps, and marine-related equipment. As shown in the projections below, the company has entered into a multi-year high performance contract creating significant additional returns. Beyond this relationship utilizing the diversity of this business' services, it is anticipated to support future sustained growth and development.
The business operates in an industrial commercial area within BC, and with inclusion of real property, the opportunity exists to develop and expand operations. Positioned for a strategic or financial buyer, the new owner can take advantage of proven business model and consistent financial results - with minimal additional investment, being well-equipped with the necessary equipment and trained staff.
Projected 2019 Revenues: $10,504,000
Projected 2019 EBITDA: $1,782,000
Type of Sale: Share Sale
Inclusions in Asking Price:
Operational Balance Sheet Inclusive of:
- All Assets of the Company in Excess of $3.4 million
- Normal Net Working Capital of $1.4 million
|Growth Potential:||Growth opportunities and expansion potential available in a confidential marketing summary, please contact us for more information.|
|Training/Support:||Vendor will provide an agreed period of training and transition to the new owner.|
|Sale Reason:||Pursuing Other Interests|
Seller Reference #VANCOBC002-N488
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