Turnaround Custom Machine & Fabrication Opportunity

man examining dials on machinery

Business Details

Company Profile

Listing ID: VANCOBC002-N520

Location: Okanagan Valley

NAICS: 332710

Industries: Machine Shops

Business Highlights

  • Location
  • All season business
  • Trained staff in place (3 full time)
  • Reputation
  • Diverse client base
  • Equipment value

Located in one of Canada’s most desirable and fastest growing regions, this business has developed a strong reputation for superior service and craftsmanship in the machining and fabrication arena. The business over its 10+ years of service has developed a diverse range of clients and continues to reinvest in equipment to maximize its growth potential.

Due to an adverse personal situation, the vendor is no longer able to commit to the business’ long-term success.

This is an ideal opportunity for an industry professional looking to buy a new career in a region desired by many. With recent COVID-19 events, this may also be an opportunity for a manufacturing business to bring their machining and fabrication opportunities in-house
which were historically outsourced.

The company prides itself on workmanship and the quality of its equipment which a new buyer will take immediate advantage of in this acquisition.

Type of Sale: Share Sale

Operational Balance Sheet Inclusive of: Furniture, Fixtures, & Equipment (FMV $360,000) / Normal Net Working (Inclusive of $10,000 Inventory)

BUSINESS ASKING PRICE

$229,500

Normalized Financial Summary

YEAR REVENUES
FYE 2019 $442,000
FYE 2018 (Partial Financial Year) $305,000
FYE 2017 $889,000

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Okanagan Valley, BC