Profitable Precision Machine Shop for sale in Eastern Ontario Canada (Property Included)

Listing ID:
OTTAWON001-N1450

Eastern Ontario, Ontario, Canada

Machine Tool (Metal Cutting Types) Manufacturing

Listing Status: Active

Sunbelt of Ottawa

Phone: (613) 731-9140 or 1-800-905-3557
Fax: (613) 526-0997

The following broker is assigned to this listing:

Olga Nadjakova

olga.nadjakova@sunbeltcanada.com

Description

Precision Machine Shop for Sale in Eastern Ontario Canada Machine Manufacturing Business for Sale in Eastern Ontario Canada. This machine shop for sale has provided quality precision machine parts and service often exceeding client requirements for over 20 years. The business offers a wide range of services, including lathe work, precision CNC machining (milling, turning & routing), drilling, precision grinding, boring, honing, tapping, and threading, all with a quick turnaround. The core business has focused on long-standing customer relationships in a variety of markets including aerospace, food manufacturing, nuclear power, medical industry, metal fabrication, tool and die, and others. This Machine Manufacturing business for sale has a stable customer base that is recession resilient and results in consistent sales volume. The Company retains cross-trained, highly skilled, and experienced employees in the industry. Many have been with the Company since its inception. This is an excellent opportunity for someone with mechanical, machining, and/or engineering experience to purchase a profitable, well-equipped, turn-key operation in the machine industry. The current owner will help with the transition and reasonable financing. Reason for Sale: Retirement Please contact Olga Nadjakova for details: 613-731`-9140 ext. 231 0r 613-799-7977 (mobile); or olga.nadjakova@sunbeltcanada.com

Financials

Asking Price:$3,400,000
Revenue:$2,286,000
Cash Flow:$580,000
Downpayment:$1,100,000
Monthly Payroll:$0
FF&E Asking Price:$1,154,000 (Included in Asking Price)
Inventory Asking Price:$239,000 (Included in Asking Price)
Financing Available?Yes

Property

Asking Price:$1,535,000 (Included in Asking Price)
Building Size:N/A

Other

Franchise?No
Homebased?No
Relocatable?No
Year Established:1996
Year Acquired:
Full-Time Employees:12
Part-Time Employees:N/A
Reason For Sale:Retirement