Steel Container Manufacturer And Distributor
Location British Columbia,Canada
Asking Price Range $2.5M - $5.0M
Gross Revenues $2915000
Net Profit / Cash Flow $445000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1996
Number of Employees 10 - 19
Inventory 1100000
Relocatable Not Disclosed
Number of Employees 10 - 19
Real Estate Owned
Training The owner can be available for a comprehensive training and management transition program, and will consider remaining on under contract with new ownership for a more extended period of time.
Reason for Sale Transition to retirement.
Description The business is a profitable and established fabricator and supplier of containers to the waste disposal and materials handling industries in Canada and the Western US. The company has earned a reputation for excellent products and service and a loyal customer base. Asking price is only asset value, and seller financing is available for a qualified buyer.
The business enjoyed vigorous sales growth in the fiscal year ending 2011, and has recently installed new robotic manufacturing capacity to permit expansion of the firm's market and sales territory.
The business manufactures a range of containers & bins fabricated from heavy gauge steel at their own facility with modern equipment and processes, including robotics. Product range includes: front load and roll-off bins, self-dumping bins, recycling bins, oil field containers and other specialty containers, all in a range of sizes.
The Business has been operating for 15+ years. Owners are selling to prepare for retirement.
Real Estate is included in the asking price: The Business occupies 20,000 sf premises on parcels comprising approx. 20 acres industrial property and 40 acres agricultural/ALR. Appraised values (2009) for land and buildings approximately: $1,800,000.
Furniture, fixtures and equipment (including welders, machine tools, forklifts, trucks, trailers, other) valued at $1,100,000. Working capital included in the offer price includes inventories of raw materials and finished goods at a value to be negotiated.
Strong systems and well-trained staff and management can provide excellent operational continuity for either an investor or strategic buyer. The owner can be available for a comprehensive training and management transition program.
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