Long established Canadian manufacturing business operating as a machine shop, designing and manufacturing metal components for the plastic molding industry. Owner is currently looking forward towards retirement, and would welcome offers from suitable acquirers. The business is located in an industrial area in the city, with parking . Of interest to qualified operators of machine shops who want to grow by acquisition; or, well experienced machinists, or anyone else, suitably qualified, who may want to make the acquisition.
Over the past 3 fiscal years, the business Sales volume grew from the one million dollar level to the 1.5 million range, thanks to the owner’s investment in machinery, manpower and floor space to meet increased demand for service.
The business is profitable. Priced at $900,000. Flexible terms.
Owner is willing to stay after the sale, and possibly participate in the future growth of the business.