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Business description
This very profitable company is located on the much envied Vancouver Island, British Columbia, Canada. The company, incorporated in 1998, currently maintains 9 Tekla (Xsteel) licenses and works a day and night shift employing some 20 detailers, checkers and project managers. They serve an International area with a large customer base in Canada and the US.
This business is fully conversant with electronic transmittal of drawings, and maintain their own print facility should hard copies be a client's preference. 100% of this company's primary business activity is producing structural steel shop drawings for buildings and bridges. They have an integrated office in China that is 100% developed and the staff is trained by the company in Canada.
Their completed projects range in size from 25 to 2500 tons and encompass the full gambit of variety and scale. They handle industrial, commercial and institutional projects in roughly equal volume. The company maintains memberships in CISC and AISC and offer internal and external courses to our employees to ensure current viability in all aspects of their work.
Property information
- Real Estate:
- Real Property Included
- Premises details:
- Business Location City Street
Sq Ft of Building 5,500
# of Buildings 1
# of Floors 2
Leased / Owned Owned W/Option
Can Biz Be Relocated Yes
Features of Building
The building is divided into 3 areas. There is the office and storage, there is the warehouse and a suite. The square footage of the lot is 12,655 and the business can be expanded.
Business Operation
- Expansion potential:
- Growth and expansion could be obtained by: expanding into oil patch/industrial and bridge projects. There is also a great potential in working directly for contractors on fast track projects.
- Competition / Market:
- Percentage of Sales in Cash 95 %
Percentage of Repeat Customers 90 %
Percentage of Referral Customers 10 %
Profit Ratio vs. Industry Good
Competition
Local Competition Some
This company has a great reputation for customer service, qaulity work and fair pricing! They have internet and print advertising.
- Reasons for selling:
- Retirement
- Trading hours:
- M-F
- Employees:
- 6, + 8 1099 contractors. Staff most likely to stay after sale.
- Years established:
- 12
Other information
- Support & training:
- Owner will stay for a reasonable transition.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
- Up to 10% max is available
- Furniture / Fixtures value:
- $300,000 (included in the asking price)
- Inventory / Stock value:
- $2,000 (included in the asking price)
- Website:
- www.intlag.com/
- Lease asking price:
- $995,000 (Furniture / Fixtures and Inventory / Stock included)
- Relocatable:
- This business can be relocated.