• A highly profitable custom composite mold and tooling manufacturer is available for sale.
• Ideal industrial location, close to major roads, highways and Pearson airport.
• The business produces a range of high tolerance molds & tools for industries such as
automotive and transportation. Products include Tooling Boards, Prepreg Molds,
Seamless Modelling Paste & Resin Infusion
• Over 17 years of expertise with a diversified client list. Customers tend to be Tier 1 and 2
suppliers into large multi-national corporate brands.
• Optimized to produce a range of projects from small and simple to large and complex.
• A large list of specialty equipment is included.
• 2023 sales - $4.4m.
• Profitable with a three-year average SDE of $1m and forecasted to continue.
• Sales growth year over year averages 31% since 2021. 2024 on track to maintain
revenues and forecast improved SDE.
- Asking Price:
- $4,000,000 (CAD)
- Sales Revenue:
- $1M - $5M (CAD)
- Cash Flow:
- $500K - $2.5M (CAD)
Property Information
- Real Estate:
-
Lease
- Location:
-
Industrial warehouse location
- Premises Details:
-
18,000 sq ft
Business Operation
- Expansion Potential:
-
Global marketplace - well honed reputation to build on. No dedicated sales team in place currnetly.
- Reasons for selling:
-
Retirement
- Trading hours:
-
Traditional business hours
- Employees:
- 15-20
- Years established:
- 17
Other Information
- Support & training:
-
Sellers open to a well managed transition process as needed.
- Relocatable:
- This business can be relocated.
