CNC Machine Shop
CNC Machine Shop
Industry: Fabricated Metal Product Manufacturing
Listing ID: 0604202005
This company is a machining service provider that owns its own brand of powersports traction products. In addition, it produces parts as a private label provider. Clientele is top AAA tier including Yamaha, Canadian Tire, Royal Distributors, Hydro Ontario (Tier II Supplier), Motovan, Tractel and many other top customers.
Total Sales: $1,750,000
Cash Flow: N/A
Reason For Sale:
Owner is retiring.
Training & Support:
The owner will provide whatever support is necessary to transition a new owner.
Year Established: 1978
Owner Hours Per Week: Operates in two shifts Monday to Friday. The morning shift starts at 7:30 AM and ends at 4:00 PM. The second shift starts at 4:00 PM and ends at 11:00 PM.
Square Footage: Building has 13,800 sq.ft. and is sitting on 2 Acres of Land. The front office has approximately 3,600 sq.ft. and the warehouse / manufacturing site has approximately 10,200sq.ft.
The front office has one large reception area, 3 offices, one washroom, one kitchen and a large boardroom. The plant side holds 10 CNCs mills and lathes.
The market niche we is small enough that it allows this company to be under the radar of production runs that would typically be sourced from China.
The company is actively pursuing the development of new products through partnerships with customers and Research and Development efforts. It has developed a few innovative products and has introduced them to the final consumer. The company's strong pursuit of new products is recognized by the federal government which supports its efforts through grants. These annual grants average in value over $100,000.