Custom Steel Components Machining
Custom Steel Components Machining
Price: $349,000
Location: Southern Ontario
Industry: Fabricated Metal Product Manufacturing
Listing ID: 0605202004-RT
Listing Status: Sold
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.
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
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.