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Metal Fabrication Business In Toronto For Sale

Toronto, Ontario, Canada
Asking Price:
$2,300,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$2,400,000 (CAD)
Cash Flow:
$510,000 (CAD)

Well established, Canadian owned company, located North of Toronto. (Barrie area)
The business is also suitable for absentee owner operation, seller is willing to stay on up to 3 years to run the business for the new owner,
Specializing in metal fabrication for customs specifications also manufacture standard products.
They offer high quality products with skilled employees utilizing:
• Fiber Laser Cutting
• Automated Metal Stamping
• CNC Turrent Punch
• Plasma Cutting
• Custom Tool Room
• Automated Robotic Welding
• Roll Forming

The company has repeat and loyal customers.
Owner is retiring, but will remain with the business for an agreed period to assure smooth transition.
Business could be relocated if needed.

Revenues: $2.4 Mil. with over $500,000 net to owner manager, plus the company just received a US contract which would give additional revenues of minimum $2Mil for the next 12 months with an additional $200K profit.(Total estimated net of $710,000) They are also working on some other Canadian contracts which will provide similar additional revenues.

Property Information

Real Estate:

Lease

Lease Terms:

5+5yrs

Leasehold Rent:

$140,000 (CAD) per annum

Premises Details:

15,000 sq.ft

Business Operation

Expansion Potential:

New contracts available. Great potentials to expand the business . Seller will assists.

Competition / Market:

None in certain products.

Reasons for selling:

Retirement and illness

Employees:
15
Years established:
18

Other Information

Support & training:

Owner will train and stay on for an agreed period.

Financing available:

None from owner, could be arranged through banks

Furniture / Fixtures value:
$470,000 (CAD) - included in the asking price
Inventory / Stock value:
$150,000 (CAD)
Relocatable:
This business can be relocated.

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