This well established and regarded manufacturing business gained prominence within the industry as a result of a line of custom made, high-quality, specialized products. Due to exceptional product performance and innovative design techniques the business has grown to include a national customer base, while retaining a very loyal, local following as well. The owners have effectively tested and proven their place in the market by achieving steady annual growth, which has allowed them to be an industry leader for more than 20 years. The business has always placed high value on the importance of the skilled labour component and has harvested and maintained a long-tenured work force of over 50 employees, resulting in the business being a much sought-after employer. In addition to fabrication, custom design and product manufacturing the company possesses several expansion opportunities through its affiliated supply chains. Located centrally on Vancouver Island, this business services a vast spectrum of clients throughout British Columbia and Alberta, and with the current value of the Canadian dollar, the US market demand has increased. This business would continue to thrive under the ownership of a driven and ambitious new leader. The new owner will reap the lasting benefits of a very firmly established, customer-retention focused operation. The weighted 5 year weighted EBITDA is $1,053,000 (5-year historical and current). Revenue: $9,448,834 - 2015; $8,147,817 - 2014; $7,457,365 - 2013; $5,576,080 - 2012; $4,308,510 - 2011. EBITDA $1,486,092 - 2015; $964,812 - 2014; $998,905 - 2013; $534,709 - 2012; $477,787 - 2011. Asking price is $5,750,000 plus inventory. The retiring owner is looking to turn the company over to a buyer with the same passion for exceptional customer satisfaction.

Posted May 3, 2016

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