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Highly Profitable Millwright & Machine Shop
Location: Canada -> Alberta -> Edmonton
Industry: Manufacturing > Machinery Manufacturing




Business Summary

PRICE REDUCED TO $980,000 MUST SELL .EXCELLENT OPPORTUNITY THAT WILL PROVIDE FOR LONG TERM GROWTH AND EXPANSION

This solid, reputable business has a 30 year history of providing high quality service in the general millwright/machining and fabrication field, specializing in the design, installation and maintenance of material handling systems, such as conveyors, automated baggage and parcel handling systems, bulk handling (cement,sand,silica,flyash) systems, warehouse order picking and shipping systems. It is well respected in the northern Alberta marketplace and especially in Edmonton with a loyal client base of 200 customers. It is well positioned for growth and expansion in the buoyant Alberta economy and this lucrative market.

Some of the characteristics are:
1. Annual revenue ranges form $1m to $2.5 million
2. Full fabrication, welding and machining capabilities
3. Fully equipped shop and office - machine and welding shop is fully equipped with all fabrication machinery and equipment including associated measuring tools, instruments and materials to operate a full service millwright and machine shop. All equipment is in good condition.
4. Profitable signed maintenance contracts in place
5. Low operating cost and overhead

Optional Features
- 6,000 square foot shop available for rent or sale
- 1.7 acre concrete yard available for lease or sale
- Large inventory of conveyor systems and parts.

This lucrative opportunity for expansion or as an enhancement to an existing business is available due to the owner retiring. Not dependent on OIL/gas, recession proof.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,800,000
Cash Flow:   $500,000
Cash Flow Type:  EBITDA
Inventory:  $200,000
Seller Financing:  Yes

About The Business

Year Established:  1985
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  Owner Contact MIKE -- 780-887-8000
Reason For Selling:  Owner retiring

Photos

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Highly Profitable Millwright & Machine Shop Photo 1 Highly Profitable Millwright & Machine Shop Photo 2 Highly Profitable Millwright & Machine Shop Photo 3




Print Listing Id: 700220423
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Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Alberta Businesses For Sale > Alberta Franchises For Sale



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