Custom Steel Components Machining
Custom Steel Components Machining
Price: $349,000.
Location: Southern Ontario
Industry: Fabricated Metal Product Manufacturing
A well-established ISO 9001:2015 Accredited custom machine shop founded in 2007 and operated under same ownership since..
Operating with limited competition, with its main competitors being located in Florida and Arizona.
Strategically located in a prime location facing the busy QEW. Business is surrounded by a myriad of other industrial businesses–material suppliers, laser/water cutters, millwrights and fabricators, amongst others.
In-house services include Custom CNC Machining, Guide Roller Redressing and Threading. Customers are provided with outstanding customer service, quality work, careful inspection, and timely delivery.
Products include: Guide Rollers (Alloy Steel, D2, D7, H13 or Titanium Carbide; Retainers and Locking Rings; Shear Blades; Shafts and Pins; Bushings; Spacers; Custom Templates; Flanges; Hex Nuss and Bolts; Bearings. Sub-contracted Services include TIG/MIG Welding, Laser/Water Jet Cutting and Threading.
High Growth: The business offers various opportunities for further growth and development, as the scope of products which can be produced by its machines is virtually endless.. The business has also developed a strong reputation in the marketplace and word-of-mouth plays a big part in its overall growth.
Focus on Quality:. Offering both small and large quantity production machining to suit all of its customers’ needs, the business has developed a culture of excellence, as evidenced by the high quality standards in all of its finished parts.
Production Capabilities: The business specializes in manufacturing guide rollers, spare and consumable parts for the equipment used in steel mills today, as well as other custom machined parts for the steel mill, recycling, health, machinery and manufacturing industries. While all of its parts are made precisely to customer approved drawings, the business also has the capability to create detailed drawings from supplied samples.
Longevity: Operating for over 12 years.
Business occupies a total of 2,500 sq. ft. comprising front office (ideal for 2 workers) two bathrooms and a mezzanine (ideal for storage), as well as a large shop.
Premises are leased currently on an ongoing month-to-month lease. Negotiating a long-term lease with Landlord is available.
Business presently employs one Machinist and one Executive Assistant and the Owner.
Total Sales: $824,226.
Cash Flow: $100,111.
Reason For Sale:
Owner is retiring.
Training & Support:
Seller is willing to offer the buyer 1 to 2 years of sales consulting services (a minimum of 1,000 hours per annum) to ensure the business continues to operate successfully with no interruptions
Year Established: 2007
Owner Hours Per Week: 5 days/week, 7.00am-5:00pm
Employees: 3
Square Footage: 2,500 sq. ft.
Facilities Information:
Business occupies a total of 2,500 sq. ft. comprising front office (ideal for 2 workers) two bathrooms and a mezzanine (ideal for storage), as well as a large shop.
Owner Qualifications:
A new owner would be an individual possessing a good understanding of machining and industrial concepts, particularly in the steel mill industry. This person should be able to understand and read blueprints and metric/imperial measurement.
Competition:
Operating with limited competition, with its main competitors being located in Florida and Arizona.
Potential Growth:
The business offers various opportunities for further growth and development, as the scope of products which can be produced by its machines is virtually endless.. The business has also developed a strong reputation in the marketplace and word-of-mouth plays a big part in its overall growth.
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