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Listed by:

N3 Business Advisors Inc

Multi Trade Custom Metal Fabrication Business For Sale

Greater Toronto Area, Ontario, Canada
Asking Price:
$2,000,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$5,300,000 (CAD)
Cash Flow:
$470,000 (CAD)

*30 Year old GTA based multi-trade contractor that specializes in millwrighting, ironwork, custom fabrication, piping, and tank building

*Business is generating over $5.3M in revenue in 2023 and on track to similar revenue in 2024

*Company has a Sellers Discretionary Earnings of $470K in 2023 with a potential to increase profitability by rationalizing staff functions and adopting new technology

*Business serves many industries- oil & gas, steel, chemical cement, power, fertilizer, mining and food

*Business is known leader in fabricating new tanks, refurbishing tanks, pipe fabrication/refurbishment & installation, and custom fabrication work

*Over the last 30 years, Business has developed excellent customer & supplier relationships with a history of satisfied and well served clientele and draws repeat business from its existing customers

*Business has an in-house fabrication facility, equipped with overhead cranes and over-sized indoor/outdoor access and a highly skilled workforce

*Huge potential to grow revenues by enhancing the current sales processes, leveraging customer relationships and bidding for more projects

*Seller(s) are looking to retire; however, they are willing to stay for an agreed upon time for a proper transition

*Business price includes ~$400K worth of Inventory/ Tools/Trucks

*The Owner (s) will consider a reasonable Vendor Take Back from a qualified buyer

Property Information

Real Estate:

Lease

Location:

Greater Toronto Area

Business Operation

Reasons for selling:

Retirement

Other Information

Financing available:

Vendor Take Back

Furniture / Fixtures value:
$400,000 (CAD) - included in the asking price