Business Overview:
Operating out of a 15,000 square foot state-of-the-art facility, this company manufactures and fabricates emission control devices for vehicles, heavy equipment, and power generators. The business uses state-of-the-art equipment and techniques to fabricate components that are used in both new equipment as well as retrofits. The business also operates a satellite operation in Washington state, through a US subsidiary. This subsidiary generates significant business and allows the business to perform jobs for government entities who prefer to deal with American businesses. There are significant growth opportunities in the US market.
The fabricated components are sold to clients all over Canada, the United States, and worldwide, and 75% of sales are made to repeat customers. Their clientele consists of distributors, government entities, public institutions, and commercial customers. Personnel includes 13 W-2 employees and 4 independent contractors.
Growth opportunity would include hiring a dedicated salesperson and marketing, as most current work is from repeat customers.
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Property Features and Assets:
Equipment: $352,166: CNC Machines, Laser & Plasma Cutters, welding equipment, mechanical tools, hand tools
Vehicles: $87,060: 3 Pick-Up Trucks, 2 Trailers (12ft & 27ft)
A/R: $432,812
Inventory: $316,478
Reason for Selling:
Retirement planning.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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