Innovative Precision CNC
Innovative Precision CNC
Price: $425,000
Location: GTA
Listing ID: 20220902
Listing Status: New
This company is an independently owned and operated state-of-the-art CNC machining workshop which specializes in producing high-quality precision machined parts for a wide range of industries and custom fabrication for a variety of complex applications using the latest CNC technology. The company serves customers in the Nuclear, Aerospace, Thermal Power, Oil & Automation Industries and its commitment to quality, competitive pricing and reliable on-time delivery has allowed it to consistently succeed with some of the most demanding customers in the industry. Its experience in Research and Development, experimental units, prototype development and precision tolerances has made it a force in the industry.
Total Sales: $500,000
Cash Flow: N/A
FFE Included: Yes
Reason For Sale:
Owner's health issues are reason for selling.
Training & Support:
Present owner will train the buyer in aspects of the business for up to 6 months after sale, if necessary.
Year Established: 1992
Owner Hours Per Week: Monday to Friday, 7:30am – 5pm
Employees: 3 plus Owner
Monthly Rent: $4,000
Type of Location: Facility is located in an industrial plaza in a vast industrial/commercial area near local highways and transportation.
Square Footage: 3149
Facilities Information:
Well-maintained 3,149 sq. ft. with shop area, reception area, offices.
Potential Growth:
Before COVID occurred the present owner had plans to relocate to larger premises, purchase new machinery and hire more employees, all of which would have provided the opportunity to accept more orders which are presently being refused because of a lack of space. A larger building, 5000 sq. ft. or so, would allow for this plan to be realized and there is considerable business which is being turned away at present.
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