Profitable Steel Products Manufacturer

Vancouver Lower Mainland, British Columbia

Asking Price: Annual Revenue:
$845,000 $2,030,094

Manufacturing: Metal Products

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RE: Profitable Steel Products Manufacturer Broker: Arturo Kalb

Quick Facts

Asking Price: $845,000
Annual Revenue: $2,030,094
Net Profit: Not Disclosed
Cash Flow: $410,270
Total Debt: Not Disclosed
FF&E: $173,332
Real Estate: Not Disclosed
Year Established: 2002
Employees: 6
BBN Listing #: 42464955
Broker Reference #: 9109-15959

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Business Overview:

This well established and profitable steel products manufacturer has been in operation for 18 years supplying developers and contractors with high quality products that satisfy their needs. The owner is retiring and wants to pass the torch to a new to a new entrepreneur that wants to take the business to the next level.

With plenty of repeating customers the business is priced at a very reasonable 3.5X average discretionary earnings including equipment and six months of net working capital.

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Property Features and Assets:

The business is centrally located in the lower mainland with easy access for receiving materials and supplying to clients. The area is about 2800 square feet and the current lease expires in October 2023. No problem to renew. Assets= $259,000

Reason for Selling:

Owner wants to retire.

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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