Precision Tooling, Components Manufacturer And Its Industrial Building
Precision Tooling, Components Manufacturer And Its Industrial Building
Price: $1,000,000
Location: DELHI
Industry: Fabricated Metal Product Manufacturing
Listing ID: 20220217
Listing Status: Sold
This company is a profitable CNC manufacturing business that specializes in milling and turning stainless steel, aluminum and titanium components and offers precision components and custom machining services to clients in various industrial and high technology sectors.
The company is a reputable manufacturer of high-precision and durable products and the high quality of its products and services are embodied by the business various certifications, which include an ISO 9001-2015 certification, a Controlled Goods Certification and Proof of Compliance with RoHS (Restriction of Hazardous Substances Directive) and DFARS (Defense Federal Acquisition Regulation Supplement) respectively.
Milling and Turning specialization in the Military, Aerospace, Medical and Automotive sectors. Materials machined range from ballistic plate, stainless steel and aluminum to engineered plastics.
Total Sales: $1,700,000
Cash Flow: N/A
FFE Included: Yes
Reason For Sale:
Owner retiring.
Training & Support:
Owner willing to stay and train for as long as it is required. He will take new owner to meet customers and help any way that he can. Owner wants the new buyer to succeed. It is important to him that employees have secure jobs.
Year Established: 2005
Owner Hours Per Week: Mon-Thurs (6am - 12:30am) 18 hour working day on 2 shifts Fri-(6am-12:30pm) Sat & Sun (Closed)
Employees: 10
Type of Location: Located in an industrial park off of the main Hwy with easy truck access. ½ hour from 401 and 20 min from 403.
Facilities Information:
1.25 acres zoned industrial. There is enough room to triple the facility size . Building also for sale for $1.5M.
8,000 sq foot facility with 700 sq foot of office and lunchroom space on the main floor, currently configured as lunch room, 2 separate offices, reception area and additional office space. It has a controlled entrance with locked door to reception. Offices have lockable door to the plant. There are 2 washrooms, one in the office area and one in the production area.
There is a 400 sq foot office upstairs and an additional 750 sq. feet, currently used for storage but is set up as 3 offices approx. 250 sq ft each.
There is also another 30’ x 40’ x 12’ ceiling building on the property with heat and electricity and 2 loading doors. This is currently used as storage but can be rented separately.
Historical Summary:
Established 2005 in a barn with one machine. Purchased current 8000sq ft. building in 2007 and moved to current location. Hired 2 more people in 2006 and 2 more in 2007. Received ISO 9001certification 2007 and Canadian Controlled Goods registration in 2014. Successfully passed all ISO and Controlled Goods Audits since. Currently ISO 2001-2015 registered. 2 of our best customers have been with the since first year in business.
Presently 10 employees, 5 CNC milling centers, 3 turning centers and one CMM.
Potential Growth:
The potential for growth is enormous. This business can accommodate 4 more employees with the current machinery as it only utilizes a small afternoon shift and no night shift or weekends. Military and Aerospace manufacturing are in great demand. Located in the heart of the automotive sector, there is great opportunity to service that market. This business can easily triple the annual sales.
Company has great potential for expansion. Employees are very knowledgeable and dedicated, they are all assets to the company. Anyone looking to expand an existing machine shop or fabrication business that requires good people and more capacity will do very well with this business. This business and employees deserve someone who wants to expand and grow it. Buyer should be familiar with the machining business. Someone looking with a business for additional people and machine capacity would be ideal. Our ISO and Controlled goods will help them expand or continue in markets easily.