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Filter Vessel Manufacturer In Greater Toronto Area For Sale

Greater Toronto Area, Ontario, Canada
Asking Price:
$500K - $1M (CAD)
Sales Revenue:
$1M - $5M (CAD)
Cash Flow:
$100K - $250K (CAD)

• Founded in 2000 by present owner.
• Manufacturer of filter vessels such as bags and cartridge filters as well as strainers and self-cleaning filters with permanent media, as well as providing solutions for various filtration needs from process evaluation stage to finished product.
• The business operates to provide products for natural gas dehydration systems (charcoal housings and bag filters housings), expanding into the liquids filtration field (larger bag filters and cartridge units), followed by strong development toward natural gas filtration (process and mechanical design) becoming one of the most significant suppliers to local gas transportation and gas distribution companies.
• The company has also developed components for pressure vessels considered to be among the best in the industry. Their products are utilized by major multi-national companies.
• Nearly 20 years of experience in pressure vessels and piping system shells allows the company to provide their customers with high quality products at cost saving prices and exceptional service
• Corporation has experienced high year-to-year growth in revenues and seller’s discretionary earnings.
• Unlike its competitors who offer products only, the company offers both products (filtration vessels) and corresponding process design.
• Approximately 15,000 sq ft. and offices of approximately 2,000 sq ft. on Lease, 3 years remaining with option for renewal. The facility covers production needs at the present level and has space to grow. It is estimated that the facility is capable of increasing production by 2.5 to 3 times the current production level.

Property Information

Real Estate:

Lease

Lease Terms:

Approximately 15,000 sq ft. and offices of approximately 2,000 sq ft. on Lease, 3 years remaining with options for renewal.

Premises Details:

Approximately 15,000 sq ft. and offices of approximately 2,000 sq ft. on Lease, 3 years remaining with option for renewal. The facility covers production needs at the present level and has space to grow.

Business Operation

Expansion Potential:

The facility covers production needs at the present level and has space to grow. It is estimated that the facility is capable of increasing production by 2.5 to 3 times the current production level.

Competition / Market:

Unlike its competitors who offer products only, the company offers both products (filtration vessels) and corresponding process design.

Reasons for selling:

Owner retiring

Trading hours:

5 days/week, 7.30am-4:00pm

Employees:
14. Proper training in place for new employees.
Years established:
19

Other Information

Support & training:

Seller willing to meet purchaser’s needs, negotiable, no time limitation pre-set.

Contact Information

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