Metal Working Business for Sale in Southwest Ontario

Listing ID:
GUELPON001-N160

Confidential, Ontario, Canada

Primary Metal Manufacturing

Listing Status: Active

Sunbelt of Guelph, Kitchener, Waterloo, Brampton

Phone: (519) 208-7020
Fax: 1 (866) 643-3154

The following broker is assigned to this listing:

Jack Elias

jack.elias@sunbeltcanada.com

Description

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.

Financials

Asking Price:$2,200,000
Revenue:$2,800,000
Cash Flow:$500,000
Downpayment:$0
Monthly Payroll:$0
FF&E Asking Price:$900,000 (Included in Asking Price)
Inventory Asking Price:$200,000 (Included in Asking Price)
Financing Available?No

Property

Asking Price:$0
Building Size:N/A

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1985
Year Acquired:2001
Full-Time Employees:11
Part-Time Employees:N/A
Reason For Sale:Retirement