Precision Custom CNC Machine Shop
Precision Custom CNC Machine Shop
Price: $1,200,000
Location: Concord ON
Industry: Fabricated Metal Product Manufacturing
Listing ID: 15042021DFC
Listing Status: New
This business was established in 2005 and specializes in custom, high quality, precision waterjet cutting, fabricating, forming and machining parts for diverse applications. The company possesses an Omax Waterjet system which allows for precise cutting of Aluminum, Tool steel, Mild steel, Stainless steel, Galvanized steel, Brass, Titanium, Composite materials, Plastic, Ceramic tile & Porcelain, Vinyl, Glass, Mirror, Granite, Marble, Stone, Rubber and other materials. The Company performs jobs for several hundred customers in the GTA. They are primarily short run, job-shop related projects, with 30-40% repeatable orders. The core business has operated for over 16 years and has focused on long-standing customer relationships from a wide range of industries including Aerospace, Nuclear Power, Metal Fabrication, Robotics, Architectural, Flooring, Signage, Automotive, Tool and Die, and others. Job performance is of high quality, and performance produces highly skilled results.
Cash Flow: $293,500
Reason For Sale:
Owner is retiring.
Training & Support:
Seller is willing to provide training to new Buyer and staff for a few months if necessary, 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 if required after that.
Year Established: 2005
Owner Hours Per Week: Office hours: Mon-Fri 8am – 5pm. Shop hours: Mon-Fri 6am – 4pm.
Employees: 8 : Most of them have several years experience in the company
Type of Location: Busy industrial park in Concord, Ontario, Near Keele St., and Highway 7, a few minutes from major Highways, 407, 7 & 400. A convenient and easily accessible location.
Square Footage: 10,758 sq. ft. with plenty of room to grow.
Facilities Information:
Office and facilities, 3 shops.
Competition:
Waterjet cutting offers several advantages over other competing processes such as lasers, plasma cutting, and electrical discharge machining (EDM). The business offers best quality service and competitive rates compared to other machine shops in the area.
Potential Growth:
A prospective purchaser, with mechanical, machining or engineering experience, and some knowledge of sales and purchasing, has an excellent opportunity to grow this company.
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