CNC Machine Manufacturer
CNC Machine Manufacturer
Price: $3,950,000
Location: Bowmanville ON
Industry: Machinery Manufacturing
Listing ID: 20211216
Listing Status: On Hold
Canadian-owned and operated business engaged in manufacturing CNC routers, lasers and engravers, among others. Established in 2012, the business has experienced significant growth and services a range of clients in over 100 industries and still retains tremendous potential for growth and expansion.
It was established to assist individuals, small and mid-sized business owners and large manufacturers in achieving production efficiencies and increasing their revenues.
The business has undergone years of refinement to its manufacturing process to be able to deliver high-quality, custom-built machines underpinned by
exceptional client service and affordable prices.
Total Sales: $5,000,000
Cash Flow: N/A
FFE Included: Yes
Reason For Sale:
After scaling the business to its current level of
operations, the current owner believes that he
has taken the business as far as he is comfortable
with and would now like to pursue other interests.
Training & Support:
The owner would be willing to provide any
extent of training that the incoming owner
would require. To facilitate such training, the
incoming owner would ideally have experience
in business management with great attention to
detail.
Year Established: 2012
Owner Hours Per Week: Mon-Fri, 9am-5pm
Employees: 12
Facilities Information:
7,500 sq. ft ISO9001-certified facility in Newcastle.
Historical Summary:
In 2012, the business initially operated from Oshawa.
In 2020, it moved to and leased a 6,500 sq. ft facility in
Bowmanville. In 2021, the seller purchased a 7,500
sq. ft facility in Newcastle, which now houses the
business’ workshop and showroom. The Newcastle
facility is an ISO9001-certified factory and is where
the business primarily operates from and is intended
to house the business’ plastics and non-ferrous metals
division. As such, the Bowmanville facility is currently
unmanned, but the owner intends to utilize it for the
business’ metal division. The business also leases a
storage space from a third-party logistics firm to store
small items.
Competition:
The business does not only manufacture equipment but uniquely offers free on-site, hands-on training
to clients and manages the logistics of oversized equipment, which is a common concern among clients.
By providing exceptional client support and high-precision machines, the business stands apart from
competitors.
Potential Growth:
The business has an established client base and has been focused on servicing their needs. To this end, it has not undertaken active advertising over the years. A new owner has the opportunity to further increase the
business’ profitability by establishing an e-commerce platform, exploiting various technologies to expand
the product portfolio, and growing the client base by exploring more industries and shipping internationally.
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