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Listed by:

New World 2000 Realty Inc./Brokerage

Long-Established Manufacturing Business Machine Shop In Greater Toronto Area For Sale

Greater Toronto Area, Ontario, Canada
Asking Price:
$750,000 (CAD)
Sales Revenue:
$1M - $5M (CAD)
Cash Flow:
$100K - $250K (CAD)

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. Priced at $750,000. Flexible terms.

Owner is willing to stay after the sale, and possibly participate in the future growth of the business.

Property Information

Real Estate:

Lease

Lease Terms:

currently being renegotiated for a new term

Location:

Prime industrial area in the city

Premises Details:

industrial building unit with parking

Business Operation

Expansion Potential:

some expansion is possible, but would be up to the buyer. Relocation is also possible, but within limits

Competition / Market:

there is competition, but the business sells mostly to an established loyal Customer base, reliable source of revenue.

Reasons for selling:

planning for retirement

Other Information

Support & training:

support and training provided during transition, and possibly afterwards also

Relocatable:
This business can be relocated.