13 Yrs Est. Cnc Machine Manufacturing Shop For Sale- Retiring Owner

Not on MLS®

$1,757,613

Sale of Business in Mississauga, ON

Listing Details

Financial Details

About the Business

Competition:

The kind of work and the sheer size of work they do has very less competition in the market

Growth and expansion potential:

There is enough business, and once you know how to operate and run this business, expand yourself to the US in the industries of aerospace and medical, perform digital marketing take jobs in turning (60%), turning programs, add another shift, set up an automated quotation system and much more.

Support and training for new ownership:

The owner will provide support and training. Moreover, he is willing to work as a technical team lead (SME) for the owner for a couple of years

Reason for selling:

Retiring

Description

This is a rare opportunity to acquire an established and profitable CNC machine manufacturing shop that has been serving a wide range of industries for over two decades. Ask us how this business is just one step away from becoming turnkey. The shop has a reputation for delivering high-quality work with fast turnaround times, and it is equipped with top-of-the-line CNC machines, including a 10-ton crane. The shop has a diverse customer base, including clients in the automotive, mechanical, medical, food and electronics industries. The skilled team of machinists has years of experience in precision manufacturing and can handle even the most complex and demanding projects. With available entry for big trucks in the shop, the business is well-equipped to handle large and heavy parts. In addition to the CNC machines, the shop has a range of other equipment and tools, including 3D/4D machining/mould, mills, grinders, and various heavy equipment. The facility also has over two thousand sq/ft of mezzanine space available for future expansion. Currently, a small portion of the facility is subleased, creating additional revenue streams. The shop is located in a prime industrial area with a major future growth potential. The lease rate is unbelievably low, making it an excellent opportunity for an experienced machinist or investor looking to acquire a profitable and well-established business in a growing industry. The business has great potential for growth by expanding its customer base and developing new relations in the industry by increasing sales and marketing efforts. Currently, the business relies only on word of mouth for marketing. The business can start going into CMM and airplane part manufacturing, add turning jobs, and take jobs from the US to increase revenue and margins. Adding another shift could also help to increase production and revenue. The current owner has been running the business since 2011 and is looking to retire from the management and operations however, will be a technical team lead and continue to work for the new buyer, making this an ideal opportunity for a new owner to take over and expand the business. The owner is willing to provide training and support during the transition to ensure a smooth handover. With ten skilled employees and strong financial performance, this is an excellent opportunity to acquire a well-established and profitable CNC machine shop with a strong reputation, diverse customer base, top-of-the-line equipment, and a spacious facility. Contact us today for more information and to schedule a visit to the shop.

Location & nearby

This listing is located in Mississauga, ON

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