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Manufacturing Machine Shop Business For Sale In Mississauga

Not on MLS®

$950,000

in

Manufacturing Machine Shop Business For Sale In Mississauga

Sarnail Singh, C C I M, Broker, M B A

Realtor

Very responsive to messages

Listing Details

Co-op commission: 3%

Business Type: Machine Shop and Tool Manufacturing

Real estate: Leased

About the Business

Growth and expansion potential:

Lots of potential to grow.

Support and training for new ownership:

Training available

Reason for selling:

Retire

Description

Great opportunity to own a well-established, high-end manufacturing facility, with a long and successful track record serving clientele across a multitude of sectors in the manufacturing industry (Tool & Die, Energy, automotive, mining). High-profit margin history with excellent growth potential. Mostly new (under 10 years old) state-of-the-art CNC equipment provides the autonomy and diversification to serve and expand in a market in very high demand. Fully equipped toolroom, inspection stations, and quality control. Over 90% repeat customers and over 80% repeat business. The company has produced the SAME or very similar parts for many years, making it an ideal company for turnkey operation and a very smooth transition during the training phase. Has the capacity to easily double or even triple current sales with existing equipment. List of customers and suppliers provided. Located in a Prime location. Turnkey operation with a solid foundation. Established in 2014, company operating hours are Mon - Fri 7 – 5 pm and S at 7 - 2 pm. The lease expires Dec 31, 2024, with an option to renew for another 5 years. Yearly rent $62,044.20 (ALL IN). Workforces include 1 sub-contractor (FT) and 4 family members (2FT +2PT). Please be discreet, do not go directly or talk to the employees.

Location & nearby

This listing is located in Mississauga, ON

Mississauga, ON, Canada

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Sarnail Singh, C C I M, Broker, M B A

Realtor

Very responsive to messages

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