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Precision Machined Parts Components And Assemblies In Toronto For Sale

Toronto, Ontario, Canada
Asking Price:
$880,000 (CAD) Furniture / Fixtures included
Sales Revenue:
$997,000 (CAD)
Cash Flow:
$256,328 (CAD)

This company has a global reputation for impeccable professional standards and innovative, customer-driven services. Its expertise is complete in-house design and production, working with customers' visions and applying its state-of-the-art processes and techniques, resulting in high-quality, effective and reliable components, efficiently produced to meet budgetary and deadline targets.

Property Information

Real Estate:

Lease

Lease Terms:

Lease Expiry 2027, payable $7,524. monthly

Location:

Situated in an industrial hub of Toronto, this location offers convenient access to all major arteries.

Premises Details:

9,200-square-foot production facility comprising 10% office space and the remainder dedicated to a shop area. This facility is equipped for laser cutting, CNC machining, forming with industrial presses, and in-house coating and finishing.

Business Operation

Expansion Potential:

To continue the upward trajectory, implementing a well-defined and strategic marketing plan would further enhance the company's ability to reach and engage a broader customer base, securing a strong foundation for future success.

Competition / Market:

The original owner began the business with a modest 2,000 square feet of workspace. Over time, the business has experienced significant growth, both in terms of physical space and workforce. This growth has been fueled by increased production demands from existing customers, as well as efforts to attract new clientele.

Reasons for selling:

Owner's semi-retirement.

Trading hours:

Monday to Thursday 6AM – 5:30PM Friday 6AM - 3PM

Employees:
6
Years established:
23

Other Information

Support & training:

Seller is willing to train a new owner for a period of 3months.

Relocatable:
This business can be relocated