Designer and Manufacturer of Filtration and Process Systems
Designer and Manufacturer of Filtration and Process Systems
Price: $250,000
Location: Oakville ON
Industry: Machinery Manufacturing
Listing ID: 20210607
Listing Status: Sold
Established in 1983, this company is a leader in Liquids and Solids separation.
It is a designer and manufacturer of equipment used in these processes and continues to develop leading-edge solutions in filtration and process technologies.
It serves customers from a wide range of industries including Petrochemical, Pulp & Paper, Food Processing, Oil & Gas, Biochemical and Mining.
The company designed liquid filter systems, including the self-cleaning Uniflo-Jet and Rotoflo-Jet systems, plus a range of filter bag housings as well as many types of filter bags utilized in most filter applications in automotive, chemical and food applications. It holds proprietary licenses on some designs.
They also manufacture parts for separation systems using high quality profile wire products.
The company sells and ships filter bags across Canada and to the USA, China, Australia and South America.
Cash Flow: N/A
FFE Included: Yes
Reason For Sale:
Owner is retiring.
Training & Support:
Seller willing to provide training to new owner and staff and provide introduction to customers, suppliers, in order to assist them to continue the name and legacy of this company. Seller can also offer Consultation on a contract basis for a longer period if required after that.
Year Established: 1983
Type of Location: Industrial plaza in proximity to major transportation systems.
Facilities Information:
4000 sq ft in 2 units, owned by Seller. Building can be sold with the business if buyer is interested. Presently rented to this business at $2,500 per month.
Potential Growth:
The present owner has operated this business since 1983 through some very profitable history. He now wishes to retire.
A new owner, perhaps an existing manufacturer, with a drive to invest time and effort in this business has an opportunity to acquire this company and profit from shared costs. The company holds proprietary licenses on some designs and other manufacturers can access the design history, customer relations, IP etc.