Fabrication of Solid Waste Handling Systems
Fabrication of Solid Waste Handling Systems
Price: $2,000,000
Location: Western Ontario
Listing ID: 20230307
Listing Status: Under Contract
This company is an AAA rated Canadian fabrication business with a manufacturing facility from which the company sells and services throughout North America and the Middle East. It specializes in the design, fabrication, installation and service of solid waste handling equipment, and systems manufacturing of solid waste handling equipment, including balers, compactors, containers, tipping systems and related equipment. The Company also provides custom-designed equipment for complete turnkey systems used in all sectors and is considered the company which truly meets the needs of equipment buyers.
Building listed for sale at $1.8M.
Total Sales: $4,500,000
Cash Flow: $490,000
FFE Included: Yes
Reason For Sale:
Owners are retiring.
Training & Support:
Seller is willing to train a new owner for up to 12 months, if necessary.
Year Established: 1992
Owner Hours Per Week: Monday – Friday, 7am – 5pm
Employees: 25
Type of Location: Company has operated out of its 60,000-square foot building, since 1999. The building features 38,000 sq. ft. used for manufacturing, 10,000 sq. ft. for storage of materials and finished goods, 10,000 presently unused that could be utilized for offices and/or additional manufacturing space and 2,000 sq. ft. for offices. The 38,000-square foot manufacturing space includes four overhead cranes, three jib cranes, and a paint booth.
Facilities Information:
The facility is leading edge with respect to production-related equipment and it occupies a position within the industry that is currently years ahead of any Canadian competitor.
Since the purchase of the property, management has been committed to the modernization of the facility to meet future demands head-on. The Company has positioned itself to meet/exceed annual sales volumes of $10 million dollars without adding any additional manufacturing and/or processing floor space.
Historical Summary:
During the past 20 plus years the product line has been both expanded and re-engineered to ensure that the Brand remains a leader in the solid waste handling equipment sector through design innovation and product reliability. The brands compactors were the first systems in Canada to be engineered using CAD (Computer Aided Design) and the first to be equipped with PLC based control systems. The company, as a leading firm specializing in fully integrated, turnkey waste handling systems, has positioned itself within the market to capitalize on its ability to provide completely integrated solutions to all sectors including industrial, institutional, commercial and retail with a strong focus on the initial overall design.
Potential Growth:
The company has experienced strong growth in both sales and profitability since inception. Its established business methodologies are expected to continue yielding similar growth going forward. Management is currently focusing on developing two key markets, hi-rise residential, and export.
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