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Established Profitable Cnc Shop In Vaughan For Sale

Vaughan, Ontario, Canada
Asking Price:
$950,000 (CAD) Inventory / Stock included
Sales Revenue:
$1M - $5M (CAD)
Cash Flow:
$250K - $500K (CAD)

Great opportunity to purchase a long-established company with a great reputation and deep relationships with suppliers and clients, mostly repeat sales. This is a very clean operation that is staffed with experience technicians.

This is a diversified CNC machine shop (Lathe & Milling) known for producing on time and on budget. In business for 30+ years, has well established customer base as well as substantial opportunity for growth! Majority of the orders (70%) are serving the medical industry with repeat clientele.

There is additional room for growth to accept more work that the business currently turns away. Seller is retiring after 30+ years in the industry and is willing to stay for about 3-6 months for a full transition.

Property Information

Real Estate:

Lease

Lease Terms:

To be negotiated

Location:

Industrial area, easy access to highways

Premises Details:

5,500SF industrial space that will be leased from the seller.

Size in square feet:
5,500

Business Operation

Expansion Potential:

Another shift could be added, as well as more orders can be taken

Competition / Market:

Low or insignificant competition due to the quality of work and long-established relationships

Reasons for selling:

Retirement

Trading hours:

8AM - 5PM, part-time evening shift

Employees:
8-9
Years established:
35+

Other Information

Support & training:

The owner is willing to train and/or stay for a negotiated period if needed. 

Furniture / Fixtures value:
$400,000 (CAD)
Relocatable:
This business can be relocated.

Contact ​Royal LePage Real Estate Services Ltd., Brokerage ​INVSTY Team

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