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Trailer Manufacturing, Painting, & Maintenance for sale in Saskatchewan, CAN

Saskatchewan, CANADA (CAN)

Asking Price: Gross: Cash Flow:
$ 435,000 $ 668,030 $ 124,517

Business Summary:
The bank loan would be 100% collateralized from the included business assets with the purchase of this trailer manufacturing, painting & maintenance company. Operating out of an 18k sq. ft. facility in Southern Saskatchewan, the highly skilled team does custom trailer engineering and fabrication, along with trailer maintenance, refurbishing, and supplying fabricated replacement parts. The average sale size is $52,500 per trailer; trailers include gravel, belly dump, clam shell, flat decks, and more, each with a variety of dimensions that can be customized. Refurbishing work consists of sandblasting, painting, and general welding repairs, and the company also supplies fabricated replacement parts such as stoppers, fifth wheel replacements, air cylinders, and tarps. Included in purchase price is over $313,354 worth of assets, including equipment such as band saws, jigs, a forklift, hoists, a payloader, welders, a shearer, an iron worker, a hydraulic press, trailer rotisserie stands, bench grinders, a paint system, and a Caterpillar 950 Payloader.Sales are conducted by two dealers in Canada and the owner, with most sales being done over the phone and no travel. Personnel includes four experienced employees: 1 owner, 2 full-time welders/fabricators, and 1 full-time office/shop assistant. The current owner oversees operations, conducts some sales, and assists in the shop when needed. The ability to customize dimensions for various trailer styles sets this business apart from competitors. Priced at $435,000, opportunities for growth include expanding the current website and social media presence to attract a wider range of customers. There is also an opportunity to take advantage of a more streamlined process through the Alberta government; instead of doing a bid system, the business could get on a short list to be approved to provide services/products on request

 

   
Year Business was Established: 1965
   
Number of Employees: 4  
   
Facilities / Terms of Lease: Building: 18,000 sq. ft. facility located on 22 acres of land; shop, office space  
   
Potential Growth/Expansion: Expand website & social media presence  
   
Owner willing to finance: 15% Seller Financing $62,250  
   
Owner willing to train: 6-12 months  
   
Reason for selling: Retirement planning, pursuing other (non-competitive) interests  
   
Seller Reference Number: MFG008
BusinessMart.com Listing Number: 258498
 

 

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For more info contact:

Cortney Sells

The Firm
4029985288

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