Custom metal fabrication using recycled material in the Greater Toronto Area
The company manufactures custom specialized metallic equipment from an extensively available recycled material. This is a corporate Spin-Off of a larger metal product manufacturing company.
This division serves a variety of small and larger corporate clients spanning a wide range of industries including Utilities, Construction, Telecommunication, Mining, Water Treatment, Renewable Energies and others.
The company is currently very profitable and has the potential to grow exponentially in a new entrepreneurial environment given the high demand and a large number of potential applications for its products.
Current management is so confident in the projected growth of the division that they are willing to remain in the division and are extremely motivated in retaining reasonable ownership in the newly formed entity after the Spin-Off.

Background information
Reason selling:
Corporate Spin-Off
Finance
Sales:
$1,800,000
Profits:
$300,000
Profit type:
EBITDA
Operations
Inventory:
The company only orders material as needed for its custom orders.
Price and terms
Price:
Undisclosed
Training:
Competent management will remain and train new owners.