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Custom Metal Fabricator In Nova Scotia For Sale

Nova Scotia, Canada
Asking Price:
$4,590,000 (CAD)
Sales Revenue:
$4,660,000 (CAD)
Cash Flow:
$562,000 (CAD)

*NOTE* All financial figures = CAD currency.

Situated within the vibrant East Coast of Canada, an industrial powerhouse stands out among the region's growing array of manufacturing enterprises. Specializing in custom fabrication of steel, stainless steel, and exotic metals, this company offers a comprehensive suite of services, including structural plate forming, pipe welding, and full machine shop capabilities. Notably, this includes VERY thick metal, large scale projects, and technically sophisticated work with a full suite of enviable certifications and they do both low volume manufacturing and repair

With over five decades of experience under its belt, the business has earned a reputation among peers and customers for excellence and reliability, serving a diverse clientele spanning industries such as aggregate mining, oil and gas, pharmaceuticals, and green energy. In addition to its rich history and reputation, what sets this company apart is its cutting-edge technology and robust infrastructure, empowering it to deliver high-capacity, intricate solutions tailored to each client's needs.

However, the company's most valuable asset might not be its heavy machinery or history, but rather its people. According to the owner, from welding to machining to coatings, the employees make up a powerhouse of innovation and ingenuity, transforming raw materials into works of functional art no matter how demanding the client. For them, it's not just a job; it's a mission – to help clients, to see projects come to life, and to embrace the ever-changing “techscape” of industrial fabrication.

With a skilled and self-sufficient team, the business runs like a well-oiled machine, requiring minimal oversight from owners who are now operating on a semi-absentee basis. This translates into steady earnings and a low investment risk for potential buyers, particularly with key management anticipated to remain in place after the acquisition.

Although still deeply passionate about the business, the owner is opting to sell in order to embrace retirement, passing the reins to a new owner who can further elevate the business's success with a few key strategic investments.

For more information, including full financials, a video Q&A with the owner, SWOT analysis and more please visit the goexio site and locate the listing to sign an electronic NDA and unlock the private details.

Property Information

Real Estate:

Real Property Included

Location:

Nova Scotia

Premises Details:

Includes a 40,000 square foot fabrication shop supplemented by an additional 7,200 square feet for coatings, storage, and overflow needs. Business also features a fully equipped 5,000 square foot machine shop bay complete with essential machinery such as lathes, milling machines, and drill presses to support metal fabrication endeavors.

Business Operation

Expansion Potential:

Opportunities for Growth: Low level of utilization at 50% capacity, Adding more automation and robotics, Room for facility expansion

Reasons for selling:

Retirement

Employees:
35
Years established:
55

Other Information

Support & training:

The owners are open to potentially staying on post-acquisition in a consulting capacity, but they express proven confidence in the existing management team's ability to continue running the company effectively, and are willing to provide support and guidance if a buyer chooses.