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Established Precision Machining Turnkey Engineering Business In Ontario For Sale

GTA, Ontario, Canada
Asking Price:
$1,350,000 (CAD)
Sales Revenue:
$500K - $1M (CAD)
Cash Flow:
$500K - $2.5M (CAD)

Business Highlights • Industry Focus: Specializes in custom machining for the Aerospace, Defense, and nuclear sectors. • Turnkey Operation: Fully operational and ready for seamless transition to new ownership. • Location: Prime location in the vibrant city. • Potential for Growth: Opportunities to add additional product lines and expand business operations. • Equipment and Fixtures: Includes a long list of equipment, chattels, and fixtures such as milling machines, lathe machines, CNC lathes, band saws, compressors, and more. • Lease Details: 2,400 SF unit with one dock-in door, including operation, workshop, office, and washroom. Lease has the option to renew for Five years. • Inventory: Inventory is included in the purchase price. • Business Operations: Family-run business, operating five days a week (Monday to Friday) from 8 a.m. to 4 p.m. • Customer and Supplier List: Comprehensive list of customers and suppliers is available. • Training: Training is available after successful closing to ensure a smooth transition. • Quality Assurance: Rigorous quality control processes to meet the stringent standards of Aerospace, Defense, and Nuclear Industries. AS9100D/ISO9001:2015, and certification by The Canadian Controlled Goods Program (CGP) controls. • Business Overview: Detailed business overview is available, including operations, financials, and growth strategies. • Financial Performance: Strong financial performance with consistent revenue growth and profitability. • Licensing and Certifications: Fully compliant with industry standards, holding all necessary certifications and licenses.

Property Information

Real Estate:

Lease

Lease Terms:

5+5 Y

Leasehold Rent:

$43,200 (CAD) per annum

Location:

GTA

Premises Details:

Commercial Plaza

Size in square feet:
2400SQ-FT

Business Operation

Expansion Potential:

Opportunities to add additional product lines and expand business operations.

Competition / Market:

Aerospace, Defence and Nuclear sectors

Reasons for selling:

Retirement

Employees:
1
Years established:
2015

Other Information

Relocatable:
This business can be relocated.