Engineering Business for sale in 0 Ontario

Spector - NDT Inspection and Engineering Company

Location : Ontario

Category : Engineering

Asking Price : Five Million Four Hundred Thousand

  • Sales revenue : 3.8 Million
  • Net profit : 1.2 Million
  • Furniture/Fixtures value : Included
  • Inventory/Stock value : Undisclosed

Business description

Since 1998, SPECTOR has established itself as a trusted leader in the Inspection and Engineering services industries. The company provides a complimentary group of services including lift equipment inspections, plant inspections, visual and NDT inspections. The company also provides a variety of engineering services including structural, mechanical, materials and weld engineering. Although SPECTOR primarily focuses its efforts within Ontario’s industrial and construction industries, it has completed a number of significant projects across Canada.  In anticipation of the next leg of expansion, the company has established the capability to expand satellite offices across Canada.
The company continues to experience significant growth and has achieved an average annual sales growth of over 13% since 1998. SPECTORS client base is well diversified serving over 2000 clients across Canada. Approximately 80% of the company’s sales in 2016 were repeat business exemplifying the company’s success in service, quality and cost.

SPECTOR uses the latest technology to manage and dispatch the fleet of technicians and equipment and has developed proprietary tools to track and manage all aspects of each project.

Ownership is involved in the business at a high level and relies on its skilled team to operate the day to day.   The team consists of highly trained engineers and certified inspection technicians who are supported by a well organized administrative team coordinating and dispatching. Ownership believes the groundwork is complete to take the business to the next level of growth.

Other Information

  • Years established: 1998
  • Employees: 26
  • Lease Terms:Renewal less than 1 year
  • Company Details : ProClient Business Brokers Inc.
  • Phone : Click here for phone number
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