This company distributes heavy duty, affordable CNC Routers which are the most versatile in the industry, from industrial CNC routers for mass manufacturing to desktop CNC routers for home or hobby shop, and offers unlimited support. It also provides fast and precise CNC laser cutters and engravers that offer various working envelopes, and are easy to use to cut acrylic, plastics, MDF, wood, aluminum and more. The business was established in 2012 and developed an excellent reputation in industrial equipment. These excellent value CNC routers and lasers are low-maintenance. The machines require little more than regular lubrication for reliable and long-lasting performance and are equipped with high-quality components to provide reliable, accurate, and quick fabrication. These products are manufactured at the company’s ISO9001 certified factory using only high-quality components, and are the most trusted brands in the industry. From the stress-relieved frame, to the precise motion components and high-speed spindle, the routers are solid machines which are built to work. They are produced with CSA (Canadian Standards Association) certified parts and components. and are CSA certified by Intertek (ETL) or UL, the underwriters' laboratories. The CSA, itself, receives accreditation from the Standards Council of Canada.
Each CNC Router is custom ordered to match specific needs and applications. Customization includes various table dimensions and surfaces, as well as component upgrades and accessories. The company offers free on-site training to help customers achieve the most out of their CNC router. The company takes the time to help each customer learn the CNC machine and how to implement it for the specific application.
- Asking Price:
- $3,950,000 (CAD) Furniture / Fixtures included
- Sales Revenue:
- Over $5M (CAD)
- Cash Flow:
- Available on request
Property Information
- Real Estate:
-
Lease
- Location:
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Facility located by the lake in a good neighbourhood 1 min from Highway 401.
Second facility is also in a good neighbourhood, close to Highway 401. Divided into three sections, office, production and preparation. There may be room for an addition to this property in the future.
- Premises Details:
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6500 sq. ft. facility currently set up downstairs for demonstrations and showroom with additional space upstairs of about 1000 sq. ft. This property is leased until January 31, 2022 with provision for renewal, at approximately $4,750 per month plus HST.
7500 sq. ft. facility close to Highway 401. Divided into three sections, office, production and preparation. This property is owned and would be leased to new owner – on a year to year basis at $14.00 per sq. ft. (includes TMI) + Hydro/internet etc., or for a 5-year term for about 12.50/sqft or so.
Business Operation
- Expansion Potential:
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There are several directions the company could grow - Using Ecommerce for tooling and dust collectors - Advertising for brand and product awareness - Selling plasma machines - Focusing more on custom machines for larger profit margins - Holding more inventory to sell more equipment - Targeting sales in the US. The company has not engaged in structured marketing in the past. Many customers are purchasing smaller machines and will eventually outgrowing them which will position the company nicely in a year or two. There has also been a huge increase in working from home for the gentlemen and stay-at-home mothers purchasing lasers to create jobs for themselves.
- Competition / Market:
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A main advantage of the company is the very personalized involvement with customers, offering free support, hands-on training and a relationship with them which is exceptional. Also, there are few competitors locally - most are closer to Toronto.
- Reasons for selling:
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Owner is looking for a change of lifestyle.
- Trading hours:
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Monday-Friday 9a.m. – 5p.m.
- Employees:
- 12
- Years established:
- 10
Other Information
- Support & training:
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Seller willing to provide training to new owner and staff and provide introduction to customers, suppliers, in order to assist them to continue the name and legacy of this company. Seller can also offer Consultation on a contract basis for a longer period, up to 2 years, if required after that.
- Relocatable:
- This business can be relocated.
