Industrial Fabrication and Machining Business - Southern Ontario

ON

Industrial Fabrication and Machining Business - Southern Ontario

Asking Price:$7,500,000

Cash Flow:$332,336

Gross Revenue:$5,242,973

EBITDA:N/A

FF&E:$1,645,374

Inventory:$1,713,302

Lease Rate/Sq. Ft.:N/A

Established:1979

Industrial Fabrication and Machining Business - Southern Ontario

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Business Description

Industrial Fabrication and Machining Business - Southern Ontario

This business acquisition opportunity includes the sale of the profitable ongoing business plus real estate which includes the 46,000 factory building and an additional 4.7 acres of land. The balance sheet includes inventory valued at over $1.7 Million and equipment with an original purchase price exceeding $11.7 Million. This business has enjoyed substantial long term success serving large scale industrial clients. Sales Revenue in the last 4 years has ranged between $5.2M and $8.8M with normalized cash flow in the recent years approaching $400K. The company is a full range provider of machining and related services to a diverse loyal North American industrial customer base. Services include milling of steel components and assemblies, fabrication and welding, legacy equipment refurbishment, full lathe and machine shop capabilities. The business operates out of a 46,000 square foot manufacturing facility with custom flooring and overhead cranes. Certifications and expertise allow it to provide products and services for steel making,
aerospace components, power generation, petro chemical and automation services. Equipment includes CNC Turning Vertical Boring, Vertical Milling and Horizontal Millings Machines, Conventional Turning and Milling Machines, Horizontal Boring plus Vertical Boring / Turning Machines and Welding and Fabrication machines.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
25 FT / 2 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The company building has a total of 46,000 square ft. plus an additional 4.7 acres of vacant land. In total the building and land were appraised in April 2015 by a licensed appraiser at $4.97 Million. A number of improvements have been made to the building.
Competition:
There is limited competition for high end custom machining of large scale parts and assemblies. This is why many North American clients use the firm and its services.
Growth & Expansion:
Industrial machining and fabrication opportunities are available throughout North American and could be developed significantly to generate increased revenue. As well the company is in the process of developing a multi-year project to produce nuclear waste vessels manufacture. Also there is new work with specialty valves for nuclear reactors with the largest related supplier in Canada.
Financing:
It is anticipated that the buyer will be able to acquire a conventional commercial mo
Support & Training:
Will train for 10 weeks @ no cost Existing certifications and licenses will transfer with the Business.
Reason for Selling:
The owner is Retiring.

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Murphy Business

Business Listed By:
Murphy Business

Murphy Business & Financial Corporation

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Indicates membership in The Georgia Association of Business Brokers (GABB).

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