Precision Manufacturing

Listing ID:
GUELPON001-N94

Confidential, Ontario, Canada

Machine Shops

Listing Status: Active

Sunbelt of Guelph, Kitchener, Waterloo, Brampton

Phone: (519) 821-8306
Fax: (519) 489-2755

The following broker is assigned to this listing:

Robert Mitchell

robmitchell@sunbeltnetwork.com
Cell: (519) 820-9043

Description

This Manufacturing business does high precision production work, custom manufacturing and automated machine design work. It enjoys a diversified customer base, specialized equipment, full design capabilities, experienced staff and is experiencing tremendous sales and profit growth. From the outset, this business for sale has grown in leaps and bounds and strong demand by customers will result in future growth that is only limited by the owner’s desire to accept new business. The business has experienced tremendous growth in recent years and is expected to grow by an additional 100% in Long Term Agreements.. This thriving company is ISO 9001:2000 Certified and has an excellent reputation in the machine and manufacturing industry and are the “go-to guys” for many of their long term customers. Their diversified customer base encompasses the automotive industry, food industry, aerospace industry and healthcare industry. They can provide production or inspection tooling, machine builds, jigs & fixtures, prototypes and manufactured components. Their engineering department develops new concepts, anything from single components to complete turnkey plant automation or material handling projects. They are able to create parts either from customer drawings or from their own drawings in a multitude of materials including steel, stainless steel, aluminum and plastics. Starting in a rented shop space, the company outgrew the initial location and moved to larger rented premises. Eventually leasing was no longer viable so an agreement was reached to purchase the premises and further expansion of the office and plant facilities was undertaken. The land and building are included with the purchase of the business. Through the recession of 2008, most industries suffered a downturn. This company also felt the recession but continued to grow the business through the acquisition of new and better machinery, expanding the workforce and working closely with the customer base in order to keep their customers competitive and viable. The business comes with a very healthy balance sheeting including the Land and Buildings worth 400,000, Net Working Capital of 1.5 Million and equipment worth $1,800,000. If you have every considered purchasing a high end Machine Shop or Production Manufacturer – you need to check out this one.

Financials

Asking Price: N/A
Revenue:$5,500,000
Cash Flow:N/A
Downpayment:$0
Monthly Payroll:$0
FF&E Asking Price:$1,800,000 (Included in Asking Price)
Inventory Asking Price: N/A (Included in Asking Price)
Financing Available?No

Property

Asking Price:$0 (Included in Asking Price)
Building Size:N/A

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1992
Year Acquired:1996
Full-Time Employees:14
Part-Time Employees:N/A
Reason For Sale:Retiring