Industrial Fabrication and Machining Business - Southern Ontario

  • Listing# : 12567
  • Listed Price : $7,000,000
  • Total Sales : $5,976,710
  • SIC : 344100
  • Down Payment : $7,000,000
  • Status : Active
  • Discretionary Earnings : $896,508

Business Type :

Industrial

Business Description :

This business acquisition opportunity includes the sale of the profitable ongoing business plus real estate which includes the 46,000 sq. ft. factory building and an additional 4.7 acres of land. The balance sheet includes WIP and finished goods inventory valued at $1.67 Million and equipment with a higher original purchase price. This business has enjoyed substantial long term success serving large scale industrial clients. Sales Revenue in the last 4 years has ranged between $5.2M and $8.8M with normalized annual cash flow in recent years exceeding $1,000,000. The company is a full range provider of machining and related services to a diverse loyal North American industrial customer base. Services include machining, fabrication and welding of metal components and assemblies as well as refurbishment of  legacy equipment. Full lathe and machine shop capabilities. The business operates out of a 46,000 square foot manufacturing facility with custom flooring and overhead cranes. Certifications and expertise allow it to provide products and services for steel making, aerospace components, power generation, petro chemical and automation services. Equipment includes CNC Turning Vertical Boring, Vertical Milling and Horizontal Millings Machines, Conventional Turning and Milling Machines, Horizontal Boring plus Vertical Boring / Turning Machines and Welding and Fabrication machines. Welding capabilities include ASME and CWB certifications. Land and Building allow for considerable growth. The business is scalable in the right environment. The workforce consists of very experienced skilled trades - machinists, millwrights and welders.  Consideration for and purchase price provisions for any surplus Net Working Capital and WIP / Inventory to be added to the final purchase price are additional to the list price and will be part of any final Agreement of Purchase and Sale. The seller may consider separating the sale of the building / land / real estate from the business for the right purchaser.


Assets/Liabilities:

    • Accounts Receivable $722,611
    • Incl : No
    • Real Estate $5,000,000
    • Incl : Yes
    • Inventory $1,670,183
    • Incl : Yes
    • Liabilities $2,046,892
    • Incl : No
    • FF&E $2,000,000
    • Incl : Yes
    • Other: $0
    • Incl : Yes
    • Leasehold $21,046
    • Incl : Yes
    • Total Assets $8,691,229
    • Incl : Yes

Lender Prequalified: No

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