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