Precision CNC Machine Shop
Precision CNC Machine Shop
Price: $2,400,000
Location: WATERLOO
Industry: Machinery Manufacturing
Listing ID: 0604202010
Listing Status: Sold
A custom machine shop that has been serving the GTA west since 1988, where it started as a small machine shop and kept growing since then by adding new equipment and staff to continue to provide precision machining to meet its growing customer demand, and providing them with outstanding customer service, high quality products, good pricing and on time delivery.
The business achieves this by assuring that its processes, operations and employees operate under the ISO 9001:2015 system of quality management. The business is committed to high level of precision and efficiency by investing in new equipment. In the last 5 years it has acquired several brand new CNC machines. This ensured minimal machine breakdowns, delays and high repeatability.
The business is on a stand alone building of 18,000 sqf, on a 1.37 acre lot.
The building/property is available optional for lease to the buyer. Building is listed for rent at $12 per sqf including TMI.
Total Sales: $2,850,000
Cash Flow: $600,000
Reason For Sale:
Owner wishes to pursue a different career path.
Training & Support:
Seller will provide full training to the buyer, and would consider working for the buyer part time for 1 or 2 years.
Year Established: 1988
Owner Hours Per Week: 5 days / week, 2 shifts
Type of Location: The business stand alone building could be available for sale or lease to the buyer. Building is listed for $3,150,000
Financing/Terms:
Seller is willing to provide some financing for a qualified buyer.