This company is a long-established tool and die manufacturing and precision machining company located in Mississauga, Ontario. Founded in 1979, the business has developed more than four decades of operating experience and has built a strong reputation for technical capability, dependable workmanship and long-standing relationships with industrial customers. The company provides a range of custom tool and die, machining, repair, modification and manufacturing services, with a particular focus on tooling used in sheet metal production.
- Asking Price:
- $550,000 (CAD) Furniture / Fixtures included
- Sales Revenue:
- $688,236 (CAD)
- Cash Flow:
- $215,072 (CAD)
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
The Sellers have indicated that they are prepared to enter into a long-term lease with the
business purchaser, allowing Metric Tool & Die to continue operating from its established facility
without the disruption of relocating the operation.
- Location:
-
The business operates within a well-established industrial and commercial area that is highly suitable for machining and manufacturing operations.
- Premises Details:
-
The facility offers a practical combination of production space, office areas and mezzanine space, with the shop floor configured to accommodate the company’s equipment, machining stations and day-to-day workflow. The layout provides an efficient working environment for both production and administrative functions.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
The business has operated successfully for many years with limited focus on active growth, relying mainly on repeat customers, referrals, word-of-mouth and direct outreach by the partners. This creates several practical opportunities for a new owner to build on an already established operation and customer base.
- Reasons for selling:
-
Retirement
- Trading hours:
-
Monday –Thursday: 7:30 a.m.–4:00 p.m
Friday: Closes at 12 p.m
- Employees:
- 3 including owners
- Years established:
- 47
Other Information
- Support & training:
-
To help support a smooth change in ownership, the majority owner is willing to remain with the business for up to one year, while the second partner may stay for up to six months, subject to agreed terms.
- Furniture / Fixtures value:
- $400,000 (CAD) - included in the asking price
- Relocatable:
- This business can be relocated
