Business for Sale

Full Service Steel Fabrication Company

usiness
867 Victoria Street Kamloops Thompson/Okanagan Thompson-Nicola
Manufacturing
$440,000.00
 

ADDRESS SHOWN IS BROKER ADDRESS. Business name and location available after a Confidentiality Agreement has been signed.

Business Summary

This full-service Steel Fabrication Business is a steel fabricator specializing in structural steel and other metals. This full-service facility provides several services, including; welding, fabricating, site erection, CNC processing, detailing, custom steel sales, plate rolling & forming, and other custom work.

This company has provided services for many of its cities largest construction projects, including; mining projects, schools, law offices, lumber mills, warehousing facilities, commercial & residential mixed-use developments, shopping centres, firehouses, and more.

Centrally located in southern British Columbia, this company services clients throughout southern BC & southern Alberta. The ideal purchaser would be an existing steel fabrication company looking to expand its operation or a smaller fabrication company looking to increase size and offerings.

The operating company leases a 23,000 sq. ft. building and 4.4 acres of land from a parent company. The leased facility includes; 18,000 square foot warehouse space with 30-foot-high ceilings, 5 & 15 tonne cranes, 20ft role up doors, ventilation system, secured storage yard, shipping & receiving area, ample office space, and more. Everything a steel fabrication company needs to operate a high-volume steel fabrication business.

This company is well established and employs several journeymen welders & fabricators. Included in the business sale is; all steel fabrication and welding equipment, tooling, forklifts, office equipment, computer hardware and software, and inventory. Share sale preferred.

The parent company owning the I-2 zoned property and buildings is also offered for sale if the business buyer wishes to purchase the property. Property location & details available with signed Confidentiality Agreement.

The seller will assist the new owner with every aspect of the business transition, ensuring client and staff relationships are well-maintained and transition successfully.

2017 Gross Revenue - $4,147,347

2016 Gross Revenue - $3,441,702

Assets - $290,791 (2016 Book Value)

Inventory - $30,000 (Subject to closing adjustments)

Other Net Working Capital - To be negotiated

Business Price - $400,000

Buildings & Land Price - $3,250,000

Operating at current location since - 2013

Years Operated by Current Owner - Since Inception

Number of Employee’s - 12 Full-Time

Days & Hours of Operation - Monday to Friday Changes with seasons & special projects



 

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