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Diverse & Capable Machine Shop For Sale
Location: Canada -> Ontario -> Guelph
Industry: Manufacturing > Metals Manufacturing




Business Summary

Diverse and capable machine shop business for sale. Machining, CNC manual, Forming etc.

It is a very diverse machine shop. We do machining prototype work etc. Majority of the customers are repeat. I have a fork lift but no wire edm. I use the neighbor across the road as his business is strictly wire edm. We do bending and number stamping. Small to medium batch stuff. We do win for automotive a bit. Insulators and brackets for electronics. We do work for fluid control and a little nuclear.there is a bunch of aluminum parts just finished for sign company. We provide millwright support to make shafts and replacement parts. We have customers as far away as Arizona and as close as next door.

Financials are in order. I have increased the business revenue year over year for five years. 89k in 2010 to 310k last year. I am at the 5 yr point where I should be starting to have the initial investment pay off. At this point the time investment is too much sacrifice that my family can no longer afford to pay.

The asking price I have settled on is $200,000

This business has good potential and I am not going to hide anything so if you are willing to sign a non disclosure and you are serious then come on over. I love the business, the people, the neighborhood, the work, the equipment etc.

Major equipment consists of 2 CNC mills (xyz) 40 x 20 x 20, one manual/cnc mill, cnc lathe (hardinge) and a CNC press brake. There are other manual machines as well, (knee mill, lathes, saws, welders, etc.)

Tell me a bit about yourself and what your expectations are.


Financials

Asking Price Range:  < $250K
Gross Revenues:   $310,000
Cash Flow:   $200,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  No

About The Business

Year Established:  2010
Number of Employees:  4 - 5
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased




Print Listing Id: 700240066
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Also See: Franchise Opportunities > Franchise Resales > Business Brokers > Ontario Businesses For Sale > Ontario Franchises For Sale



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