30 Year old GTA based multi-trade contractor that specializes in millwrighting, ironwork, custom fabrication, piping, and tank building
Business is generating over $5.3M in revenue in 2023 and on track to similar revenue in 2024
Company has a Sellers Discretionary Earnings of $470K in 2023 with a potential to increase profitability by rationalizing staff functions and adopting new technology
Business serves many industries- oil & gas, steel, chemical cement, power, fertilizer, mining and food
Business is known leader in fabricating new tanks, refurbishing tanks, pipe fabrication/refurbishment & installation, and custom fabrication work
Over the last 30 years, Business has developed excellent customer & supplier relationships with a history of satisfied and well served clientele and draws repeat business from its existing customers
Business has an in-house fabrication facility, equipped with overhead cranes and over-sized indoor/outdoor access and a highly skilled workforce
Huge potential to grow revenues by enhancing the current sales processes, leveraging customer relationships and bidding for more projects
Seller(s) are looking to retire; however, they are willing to stay for an agreed upon time for a proper transition
Business price includes ~$400K worth of Inventory/ Tools/Trucks
The Owner (s) will consider a reasonable Vendor Take Back from a qualified buyer
