Profitable High-Tech Machine Shop for Sale in Eastern Ontario

Business Description

Strategically positioned in South Eastern Ontario this Precision Machining stands as a beacon of excellence, crafting high-precision custom parts for both private sectors and government contractors across Canada and the US. The business is ISO 9001 2015 certified and participates in Controlled Goods Program and is renowned for its enduring legacy (over 20 years) of excellence and stands as a benchmark in quality manufacturing. Boasting a dedicated team of talented and committed workforce, professionals, with operations spanning day and night shifts. The current owners believe that there are still unexploited revenue opportunities in adding more workload to the second shift to boost capacity and conducting external sales. New owners already in the precision machining or related industry can benefit from synergies achieved through the elimination of duplicated functions, new customer relationships and diversification. The current owners believe that they have grown the business to the level of their capabilities and are exploring exit opportunities and will provide the necessary transitional support. There are unexploited revenue opportunities in adding a second shift to boost capacity and conducting external sales. New owners already in the precision machining or related industry can benefit from synergies achieved through the elimination of duplicated functions, new customer relationships and diversification. The current owners believe that they have grown the business to the level of their capabilities and are exploring exit opportunities and will provide the necessary transitional support. Please contact Olga Nadjakova for details: 613-731-9140, ext. 231 or 613-799-7977 (mobile); or via email at [email protected]

Details

Business ID: OTTA0129
Business Category: Machinery Manufacturing
Location: Ontario, Eastern Ontario
Financing: Available
Status: New

Company Information

Year Established: 1998
Franchise: No
Number of Employees: 18

Financial Information

Asking Price: $ 2,950,000
Gross Revenue: $ 3,350,000
SDE: $ 470,000
FF&E (included): $ 1,450,000
Inventory: $ 350,000
EBITDA: $ 380,000
Down payment: On request
Occupancy Cost: On request

Business Presented By
For more information on this listing, please complete our Non-Disclosure Agreement.