Listing ID: PM 14012015

Location: Confidential – Edmonton Area

Broker: Neil Gerritsen
(Contact Mr. Gerritsen)

Inquiries: 780-919-1107

Business Type: Machine Shop

 

Business Overview

WE ARE NOW ACCEPTING BEST OFFERS FOR THIS BUSINESS!

This Machine Shop provides a wide range of general machining services. The fully equipped shop is supplied with high calibre tools and machinery capable of manufacturing parts from customer’s drawings and specifications, as well as repairing existing parts. The business offers the ability to cut k-wy, splines, gears, in addition to preparing parts for oil drilling equipment, industrial companies and manufacturing businesses. Conveniently located in Edmonton’s industrial area, this machine shop offers a sustainable background providing nearly 2 decades of quality service and experience to the construction and automotive indus- tries as well as the oil and gas sectors.

Why This Business

  • Outsourced machining is a steadily growing industry offering an abundance of areas for expansion.
  • This business carries a valuable reputation for quality workmanship, technical experience, and excellent customer service.
  • Fully qualified staff in place.
  • All tools of the trade included in this fairly priced business.
  • Excellent opportunity.

Business Premises and Location

Does the Vendor own the premises?: No

Is the premises part of this sale?: No – Leased

What is the cost of the lease?: $5,875 quality per month, plus CAM fees

Documents Available For Review 

Business Sales Memorandum, Financial Statements, Equipment Lists

PM-14012015-Thumbnail

Operational Summary

Snapshot

Annual Revenue: $104,283 (2016)
Discretionary Earnings: $181,061 (2015)
Employees: N/A

Assets

  • Assets – $ 307,227

  • Inventory – $ n/a

  • Owner Support/Training – Negotiable

  • Reason for Sale – Owners with to Retire

Terms

  • Asking Price – Best Reasonable Offer

  • Seller Financing – Negotiable

  • Franchised – No

  • Are the current owners the founders? Yes

  • Year Established – 20 years

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