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Manufacturer Of Steel Bulk Storage Structures
Location Ontario,Canada
Asking Price Range $1.0M - $2.5M
Gross Revenues $2147000
Net Profit / Cash Flow $303000
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1986
Number of Employees 10 - 19
Relocatable Yes
Number of Employees 10 - 19
Real Estate Owned
Training Training will be provided by the seller as required
Reason for Sale Pursuing other interests
Description For almost 30 years this company has been manufacturer of customized steel bulk material storage structures, and accompanying custom fabricated parts. Located in Ontario, the company's products are shipped throughout North America. In a typical year the company will manufacture between 100 and 150 bulk storage products for its customers.
The majority of the products are designed for the storage of dry industrial products such as cement, plastics, flour, and similar products. The company's agricultural products are engineered for the storage of dry products such as wheat, grain, feed, oats, and prepared feeds. The company also produces tanks for storing liquids.
The company owns the property and plant. It is located on industrial zoned land with close proximity to a large workforce and easy access to a number of major highway systems. The production facilities are well-suited to the nature of the company's work, with high-ceilings and cranes capable of hoisting and moving any projects under development. The company also has a CNC plasma cutter to guarantee the quality of its fabrication projects.
The shareholders of the company have decided to dissolve their current partnership in order to focus on independent projects. Training and an agreed upon transitional period will be provided by the owners. Training in administration, employee introductions, operations, management, and day-to-day running of the business will be part of the hand-over process.
Asking Price: Upon Request
2012 Revenue: $2,147,000
Cash Flow (3 year average): $303,000
FF&E: $713,000
Inventory: $211,000
Established: 1986
Employees: 14
Real Estate Included: Yes
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