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This company has been involved in industrial construction and services for over 10 years and employs approximately 70 employees. It provides a broad range of general industrial construction, maintenance and metal fabrication services to various industries including sawmills, ports, bulk terminals, pipelines, and oil and gas. Business is generated primarily through repeat engagements with existing clients as well as client and professional referrals. The company has experienced consistent revenue growth each year and high barriers of entry and industry expertise make it difficult for new businesses to compete. Management is in place so absentee ownership is possible.
Current year ebitda is $3.5m
seeking expressions of interest from qualified buyers.
Purchaser will be offered new long term lease. Alternatively, the property may be purchased.
5,000 sq.ft fabrication shop and 2,400 sq.ft of office space
High barriers of entry and industry expertise make it difficult for new businesses to compete
Vendors will ensure smooth transition. If required, two of the partners are willing to remain in management roles.
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