Is Pleased to Present
Vancouver Welding & Fabrication Company for Sale.
Business Highlights
Yearly Gross sales
Three Year Average: $1,231,194.00
Net profit
Three Year Average: $151,355.00
tangible asset value
$632,250.00
intangible asset value
$100,000.00
industry
Metal fabrication for residential, commercial, marine, road building and industrial customers.
Services & Products
The Company offers complete shop and on-site fabrication, welding and installation services including CNC plasma cutting, machining, and steel erection.
inventory value
+/- $100,000.00*
* Not included in asking price
goodwill
The company has been in operation for 23 years, has first page Google rankings and is a preferred vendor to large repeat customers.
location
Confidential until NDA is signed.
lease
Current lease is in effect until July 2024 and is fully transferable.
ownership overview
One owner who purchased the business from his father.
key employees
Key employees are in place including an office manager/bookkeeper, shop foreman and trades people.
company history
The company was founded in 2001 by the founder (owner's father) and has been in continual operation for 23 years.
customers
Primary customers are large contractors throughout Lower Mainland including contractors, marine & ship building, pile driving, tunnel companies and LNG.
turn-key
The Business Model, Estimating, Operational Systems and Invoicing procedures are fully-developed.
going concern
Everything is in place for the new owner, and the business has large projects pending that would double the company's yearly revenue.
seller discretionary earnings
Two Year Average: $266,136.50*
*Fiscal year 2023 has just ended August 31st and SDE will be updated soon.
price
$1,000,000.00 (CAD)