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Asking Price$2,200,000
Revenue$2,800,000 Established1985
Cash Flow$500,000 Employees11 full-time
FF&E$900,000* FranchiseNo
Inventory$200,000* RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
This growing and profitable metal working shop is located in Southwest Ontario. The business has been in operation for over 35 years, and the current owners have had it for over 20 years. The operations are housed in two adjacent buildings on about 2 ½ acres of land. The owners may entertain an offer for the property to accompany the sale of the business. The most recent pre-COVD year had revenue of $2.8 million, with EBITDA of $500k, and current year trends suggest the business has returned to its pre-COVID health for both revenue and profitability. The business is expected to be transferred with a very healthy Balance Sheet, including equipment with an appraised value of over $900k, and Working Capital of $700k (includes $200k in Inventory). The facility has lots of room to support additional revenue, and the workforce is stable, well-trained, and capable. For more information, please contact Jack Elias at (416) 360 0404 or by email at jack.elias@sunbeltcanada.com.
Sale Reason:Retirement
Ad #131475
Seller Reference #GUELPON001-N160
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Jack Elias
(519) 208-7020
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