Outstanding Opportunity in Light Manufacturing. Established, Profitable & Industry Recognition

Listing ID:
STJOHNB001-N39

Confidential, New Brunswick, Canada

Manufacturing - Metal, Machinery, Computer, Electronic

Listing Status: Active

Sunbelt of Saint John, New Brunswick

Phone: 1-866-766-1566
Fax: 1-506-658-6444

The following broker is assigned to this listing:

Mike Byrne

mike.bryne@sunbeltcanada.com

Description

With products in operation on four continents, this manufacturing company designs, produces and services a unique line of products for the mining/ drilling industry. The company produces a proven, highly efficient and reliable product of heli-portable, track, truck and skid-mounted turnkey hydraulic diamond core drill. Product that holds a Canadian record. Environmentally-friendly, the company commitment to customer service and client satisfaction is paramount. It has strong and growing revenues into 2020. The manufacturing facility and inventory are factored into the Asking Price.

Financials

Asking Price:$7,500,000
Revenue:$5,100,000
Cash Flow:$1,500,000
Downpayment: NEGOTIABLE
Monthly Payroll: ON REQUEST
FF&E Asking Price: ON REQUEST
Inventory Asking Price:$1,500,000 (Included in Asking Price)
Financing Available?Yes

Property

Asking Price:$500,000 (Included in Asking Price)
Building Size:7000 sq ft

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1999
Year Acquired:1999
Full-Time Employees:14
Part-Time Employees:N/A
Reason For Sale:Retirement