* Included in Asking Price
Listing Details (all Canadian dollars)
Asking Price: $2,100,000
Annual Gross Sales: $2,016,000 (2 year average)
SDE: $326,000 (2 year average)
This metal cutting and fabrication business is a private, locally owned company located in Saskatoon Sk. It commenced operations on June 1, 2016, upon acquiring the assets of an existing business that included two laser cutters, a triple head waterjet table and a 250 ton 10’ bed CNC press brake and various fabrication and machining capabilities. The business has a large customer base that covers Western Canada and the Northern U.S. and since 2013 has grown into an industry leader in the metal cutting, metal forming and metal fabrication market. For the right owner, the current owners foresee tremendous opportunities and potential for positive growth in the business.
-The business has become a key player in the metal cutting and forming market and are the vendor of choice for customers in the oil and gas sector, mining sector and utility companies including Saskatchewan Ministry of Highways, SaskPower and SaskEnergy;
-Profitable and stable turnkey operation with long term customers and repeat customers;
-Among their competitors, this business is well positioned as an industry leader;
-Projected to attain $2.9 million dollars gross sales in 2019;
-Provide “one-stop-shopping” by packaging metal cutting, metal forming fabrication, welding, powder coating and related metal services into the customer job and building these costs into the quote;
-Effective and efficient production processes and minimal material waste;
-Effective and accurate tracking of projects from inquiry to completion.
Seller Reference #157
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