Trailer Manufacturing, Painting, & Maintenance
Not Disclosed, NA Not Disclosed
Southern Saskatchewan, Canada
Asking Price:
$435,000
Annual Revenue:
$668,030
Request More Information Contact the Seller
- RE: Trailer Manufacturing, Painting, & Maintenance
- Contact: Cortney Sells
Owner Financing is Available!
Purchase Price: $415,000 CAD
15% Buyer Down Payment $62,250
15% Seller Financing $62,250
70% Bank Loan $290,500
A 15% down payment of $62,250 returns $71,889 in the first year after debt payments!
*Over 75% Collateralized!
Quick Facts
| Asking Price: | $435,000 | |
| Annual Revenue: | $668,030 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $124,517 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $313,354 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1965 | |
| Employees: | 4 | |
| BBN Listing #: | 370734398 | |
| Broker Reference #: | MFG008 |
Business Overview:
The bank loan would be 100% collateralized from the included business assets with the purchase of this trailer manufacturing, painting & maintenance company. Operating out of an 18k sq. ft. facility in Southern Saskatchewan, the highly skilled team does custom trailer engineering and fabrication, along with trailer maintenance, refurbishing, and supplying fabricated replacement parts. The average sale size is $52,500 per trailer; trailers include gravel, belly dump, clam shell, flat decks, and more, each with a variety of dimensions that can be customized. Refurbishing work consists of sandblasting, painting, and general welding repairs, and the company also supplies fabricated replacement parts such as stoppers, fifth wheel replacements, air cylinders, and tarps. Included in purchase price is over $313,354 worth of assets, including equipment such as band saws, jigs, a forklift, hoists, a payloader, welders, a shearer, an iron worker, a hydraulic press, trailer rotisserie stands, bench grinders, a paint system, and a Caterpillar 950 Payloader.Sales are conducted by two dealers in Canada and the owner, with most sales being done over the phone and no travel. Personnel includes four experienced employees: 1 owner, 2 full-time welders/fabricators, and 1 full-time office/shop assistant. The current owner oversees operations, conducts some sales, and assists in the shop when needed.
The ability to customize dimensions for various trailer styles sets this business apart from competitors. Priced at $435,000, opportunities for growth include expanding the current website and social media presence to attract a wider range of customers. There is also an opportunity to take advantage of a more streamlined process through the Alberta government; instead of doing a bid system, the business could get on a short list to be approved to provide services/products on request.
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Property Features and Assets:
Equipment: $235,697: Office & manufacturing equipment: Shears, iron workers, 2 band saws, jigs, forklift, hoist, payloader, welders, shelving for parts within buildings Vehicles: $72,573 Inventory: $62,657 A/R: $7,498 Intangible Assets: Established reputation, strong customer service *amounts may vary, assets may be depreciated, replacement cost, or fair market valueMarket Competition and Expansion:
Growth Opportunities: Expand website & social media presence.Reason for Selling:
Retirement planning, pursuing other (non-competitiAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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