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Fabrication/Welding Services, Machine Shop & Car/Truck Wash

September 8, 2022
Forestburg, AB
Asking Price: $1250000
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Business Overview

This well-established business operating out of Forestburg, a small town approximately two hours south- east of Edmonton, specializes in fabricated structural steel, pressure piping, welding, and machining. The business began as a portable welding business in 1998, and in 2006 purchased the land and buildings it now operates out of. Ownership has expanded operations to include a variety of services, multiple employees, and is located on a high-load transportation corridor. Working closely with their clients, both in the shop and field has become a priority working towards their specific goals safely and efficiently. This business provides a wide variety of high-quality services to suit the needs of any customer, across many industries. The dedication to customer service has built strong relationships, allowing for higher volumes of repeat customers, and word-of-mouth referrals. A commercial and industrial car wash was attached to their shop to expand offerings as well as offering work and safety wear.

This business is an excellent opportunity to a business that would like to expand operations to this area of the province, or a welder that would like to settle in small town Alberta. The ability for this business to expand or grow its offerings to their established customer base is of immense value to a new owner.

*Note: The asking price includes everything (land & buildings, assets, inventory). A further breakdown of the asking price will be provided upon receipt of the property appraisal.

**Note: Revenue and Earnings are based on 6 months of 2022 in-house financials annualized

***Note: Value of assets and Inventory are approximate and subject to change

Why This Business?

  • Strong customer relationships
  • Great reputation
  • Well-known business in the community
  • Opportunities for growth
  • Diverse business lines and revenue streams

Operational Summary

Annual Revenue: $4573292
Assets: 275600
Earnings: $625404
Inventory: 81543
Year Established: 1998
FT Employees: 4
PT Employees:

Additional Details

Reason for sale: Retirement
General Information: Seller is founder of the business. Seller owns the premises. Owner support/training is negotiable. Seller financing negotiable. Premises is part of sale
Documents Available for Review:
Jay Barrett
Jay Barrett
Business Broker

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