Metal Working Business for Sale in Southwest Ontario

Business Description

This growing and profitable metal working shop is located in Southwest Ontario. The business has been in operation for over 35 years, and the current owners have had it for over 20 years. The operations are housed in two adjacent buildings on about 2 ½ acres of land. The owners may consider granting an option to purchase the real estate in the future at the then-current market price. The current year results restore the longer term improvement trends in revenue and profitability that were disrupted by the pandemic. 2021 results had revenue of $2.8 million, with EBITDA of $623k, confirming that pre-COVID trends have been restored. The business is expected to be transferred with a very healthy Balance Sheet, including equipment with an appraised value of $912k, and Working Capital of $700k (includes $200k in Inventory). The facility has lots of room to support additional revenue, and the workforce is stable, well-trained, and capable. For more information, please contact Jack Elias at (416) 360 0404 or by email at [email protected]

Details

Business ID: TORW0012
Business Category: Primary Metal Manufacturing
Location: Ontario, Southwestern Ontario, Southwestern Ontario

Status: Available

Company Information

Year Established: 1985
Franchise: No
Number of Employees: 11

Financial Information

Asking Price: $ 2,350,000
Gross Revenue: $ 2,800,000
SDE: $ 723,000
FF&E (included): $ 912,000
Inventory: $ 200,000
EBITDA: $ 623,000
Down payment: On request
Occupancy Cost: $ 300,000

Business Presented By
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