Established Canadian businesses - For Sale by Owner - in Canada
Listing # 02111001
Business For Sale
Automation Machine Shop for Sale
$295,000.00 (Cdn)
Business Location: Toronto Area Postal Code: M1M Relocatable: No
Business Categories:
Industrial Manufacturing & Service Contracting Trades
BUSINESS FEATURES
For ten years now this business has been steadily busy building machinery for their clients. These clients are Ontario manufacturers who are making their products here and not importing from Asia. They range from window and millwork manufacturers to plastic moulders. There are approximately thirty projects a year, with about ten larger ones and twenty smaller. There is currently a solid backlog of work and the seller never does any proactive marketing. There is a staff of five. Clients are very happy with the work and there is a lot of repeat business.
FINANCIAL INFORMATION
Revenue: $600,000
Cash Flow $100,000
Monthly rent: $ 2,400 (lease is month to month, so consolidation would not be difficult).
The seller is retiring but will support a long transition to a new owner. The ideal buyer may already be in a similar business and can combine this company with their own.
MARKET & COMPETITION
A new owner may want to implement some basics to improve the efficiency of the operation. For example, currently shop drawings are done manually with no CAD support.
INCLUDED, EXCLUDED & OPTIONAL
- INCLUDED in the Price -
Inventory valued at $24,000 is included in the price, along with the Furniture, Fixtures & Equipment valued at $157,000.
For further information - Contact the Broker/Agent:
by e-mail.
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of the information shown in this "Business For Sale" listing
nor for the accuracy of any language translation of it.
The Buyer should contact the Seller directly and verify
the accuracy of all information to his/her own satisfaction.
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