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Established Welding, Industrial & Safety Supply Company For Sale

Edmonton, Alberta
Asking Price:
$2,400,000 (CAD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1M - $5M (CAD)
Cash Flow:
Available on request

Established in 2002 the company has successfully serviced the fabrication sector in Northern Alberta with some of the largest companies in the industry. With a primary focus on the welding industry but also servicing trailer builders, refineries, construction and many other sectors. The company is set up with most of the main vendors in the welding and safety categories. We also have expertise in sourcing product from overseas to maintain high margins and ensure competitiveness.

With a solid customer base whom the majority have been customers for 10+ years and relationships with key industry vendors this turn key business has the potential to be a very viable business for anyone that takes it over.

For additional information please request an NDA form and provide details of your credentials, if financing is pre-approved or available and if your are the purchaser or a business broker.

*Reason for sale is retirement of current owner.

** Although we trust you have several customers looking to buy a business just like ours we are not interested in business broker representation. If you bring your clients we will pay a commission once sale is complete. Thank you for your interest.

Property information

Real Estate:

Lease

Leasehold Rent:

$168,000 (CAD) per annum

Location:

Hi traffic location on main drag in welding & industrial supply district.

Premises Details:

The location is a leased premises. Newly renovated with ample showroom and warehouse space. Approximately 5 years remaining on the current lease.

Size in square feet:
14,000

Business Operation

Expansion Potential:

Lots of potential to expand for new product categories or into other regions of Western Canada.

Competition / Market:

Low competition in the industry with only 3 main independents and 3 national chains.

Reasons for selling:

Retirement

Trading hours:

Mon-Fri 8-5
Sat 9-1

Employees:
4
Years established:
16

Other Information

Support & training:

Seller and staff willing to stay on with new owners. Seller for a shorter time to help with transition and training.

Furniture / Fixtures value:
$100,000 (CAD) - included in the asking price
Inventory / Stock value:
$2,200,000 (CAD) - included in the asking price

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