Precision Machining Services in Kitchener-Waterloo area.
Precision Machining Services in Kitchener-Waterloo area.
Price: $625,000
Location: Kitchener-Waterloo area
Industry: Fabricated Metal Product Manufacturing
Listing ID: 20210812
Listing Status: Sold
This company provides precision machining services to a wide variety of industries, including Aerospace, Automotive, Printing Machines, Weighing Automation and more.
The company has experience with diverse metals including glass impregnated Teflon, to heat treated and work hardened white cast iron. They recently added an EDM Wire cut machine to diversify capabilities. They provide:
• EDM Wire Cut
• Precision Machining CNC and Conventional, including, turning, milling, grinding, sawing, broaching and assembly
• Subcontracting
• Consultation
• Custom Jigs and Fixtures
• Repair or replacement of ACME and all other screw threads.
They provide complete in-house manufacture of their custom deburr brushes which are proven to outperform competitors due to their unique design process.
The company also repairs damaged parts returning them to new condition and subcontracts finishing requirements.
Total Sales: $617,000
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, up to 2 years, if required after that.
Year Established: 1977
Owner Hours Per Week: Mon-Fri 8am-4pm
Employees: 3
Monthly Rent: $4,670
Type of Location: Low traffic area with most suppliers and services within a 5 minute drive.
Square Footage: 5,220 sq. ft.
Facilities Information:
5,220 sq. ft. facility, climate controlled with plenty of room for expected growth. 3 offices, 2 washrooms and lunchroom.
Historical Summary:
In 1977 this machine shop began operation in a small, shared space. In 1992 the present owner bought a portion of the company and in 2011 the original owner retired and present owner bought his shares and became sole owner. Within the next few years due to an expanding customer base, the company moved to a larger facility and then finally settled at its present location in Kitchener-Waterloo.
Owner Qualifications:
General Machinist Certificate and experience in manual and CNC machining.