Precision Tooling, Components Manufacturer

Owner retiring.

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.

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.

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.

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.