Price: $1090000

Location: REGINA

Province: Saskatchewan

Listing ID: REGINSK001-N79

Description

This Saskatchewan-based company has earned a reputation for its outstanding service and uncompromising quality. The company provides its expertise and quality products to an established customer base comprised of large industrial companies, government agencies/departments, Crown Corporations and a large number of small/medium size businesses.

The company’s excellent reputation and local market presence drives repeat business to the tune of 95% of its annual sales. The owners of the business have enjoyed and have benefited from the expertise and support of their knowledgeable and skilled staff.

The business owners also own the building and will consider selling along with the business.

LISTING DETAILS

Total Sales: $1,270,000

Cash Flow: $298,000

EBITDA: $223,000

Accounts Receivable: $100,000

Accounts Receivable Included: Yes

FFE: $555,500

FFE Included: Yes

Inventory: $35,000

Inventory Included: Yes

Operation

Year Established: 1997

Days & Hours of Operation: 8 am to 4:30 pm

Owner Hours Per Week: 40

Employees: 7 FT 1 PT

Managers: 3 owners are active in the business

Lease Option: 5 years

Location

Monthly Rent: upon request

Type of Location: leased

Square Footage: 12,200 sq ft shop and 12,000 sq ft yard

Summary

Reason For Sale:

There are three owners and two are nearing retirement.

Training & Support:

Sellers will provide training/transition support. At the buyers option, one of the owners will remain active in the business for 5+ years.

Competition:

There is competition in the industry.

Potential Growth:

The owners are of the opinion that the existing property, plant and equipment have the capacity to handle         more business.

LISTING BROKER

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