Sold
Industrial Steel Fabrication and Maintenance
Priced $1,700,000 for a share sale (not including receivables & payables). Very profitable company ($726,000 seller benefits out of $2.4M annual sales for 2012) projected . Over 20 years established with high growth potential. The owner is retiring and is looking for the right buyer with the energy to take the business to the next level. The company is certified ISO 9001, C.W.B.-Division 2 and TSSA for process and power piping. The company supplies a number of recurring large corporations about 2 hours north east of Toronto.
The company specializes in structural steel fabrication, dust collection systems, machinery&piping installation and industrial maintenance and serves the Nuclear, Mining, Automobile industries as well as the commercial sector. While looking to retire, the seller will be available for training during the necessary time for a smooth transition.The seller is confident in his business' ability to continue to generate large profits after the sale and is willing to finance a portion of the purchase price for a buyer with the right combination of financial capability, motivation to work hard and learn, business & management skills and technical knowledge.
Listed By: Omar Kettani
Finance
Sales:
$3,000,000
Price and terms
Price:
$1,600,000