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Profitable Millwright Contractor And Fabrication Shop In Gta For Sale

Greater Toronto Area, Ontario, Canada
Asking Price:
$1,600,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$3,059,000 (CAD)
Cash Flow:
$612,000 (CAD)

The company serves a loyal customer base in the GTA and Southern Ontario. It has a sterling reputation, earned over 40 years in business. The business includes a fully equipped, fabrication shop that supports extensive field services delivered at customer facilities. The company specializes in mechanical equipment installation, repair, maintenance, machinery relocation, rigging and hoisting, CWB certified carbon steel and stainless-steel fabrication.

Revenues come from repeat business across a diverse customer base. Customers have come to rely on the company for millwright and fabrication services, enhanced with project management, preliminary AutoCAD design and preparation of detailed shop drawings. The firm has long term, experienced employees, supplemented with qualified tradespeople. The owner has excellent relations with the trade unions. Typical customer service jobs include fixed price and reimbursable contracts up to $800,000.

The company earned $3.06 million in revenue in the last fiscal year while achieving seller's discretionary earnings of $612,000. Revenue has grown by 118% over the last 5 years.

This is an ideal opportunity for an owner-operator to continue growing a successful and profitable business.

Owner is planning to retire but is available for a transition period if desired by the buyer.

Asking Price: $1,600,000
Partial financing by vendor is available.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Location:

Greater Toronto Area

Business Operation

Reasons for selling:

Current owner is preparing to retire.

Employees:
10
Years established:
44

Other Information

Support & training:

Seller will assist during a transition period if desired by the buyer.

Owner financing:
Owner financing is available. Please contact the seller for more information.

Contact Seller

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