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Profitable Machine Shop, Owner Retiring!!

Ontario
listing image
Asking Price:$2,196,300
Gross Revenue:$2,148,840
Rent:$14,000/Month
Established Year:1990
Cash Flow:$620,000
Inventory:$50,000
FF&E:$620,000
Listing ID: 2257796Listing provided by BizBuySell
BUSINESS DESCRIPTION

This outstanding manufacturing business, generating over 2.1 million in revenue and over 600K in cash flow, is a rare opportunity that won’t last long. Operating successfully for over three decades in an 8,800 sq/ft facility, the business is managed remotely by the owner for 3 to 5 months each year. As the owner plans to retire, they are willing to continue working with the buyer for a few more years with reduced responsibilities.

Background:

Established in 1990 by a mechanical engineer, company began as a consultancy firm specializing in mold and product development and CNC machine programming. Over the years, the company expanded its operations to include the production of custom rubber compression parts and the injection molding of plastic, polyurethane, and cast aluminum components.

Company boasts a highly professional and qualified staff, many of whom have been with the company for several years. Their participation in innovative projects with internationally renowned clients fuels company’s motivation and engagement in generating unique ideas that set their results apart for both clients and team members.

Despite the recessionary periods faced by the manufacturing industry in the past, corporate has performed exceptionally well. The company has its own foundry and has acquired BMW certification, becoming a primary supplier for BMW parts.

Company specializes in manufacturing plastic parts, CNC machining and prototypes, polyurethane products, aluminum castings, and rubber parts. They excel in serving a variety of markets, including aerospace, railway, automotive, medical, mining, furniture, sports, naval, and leisure.

Their services include tool design, product design, prototyping, reverse engineering, CNC machining, compression rubber manufacturing, coquille casting, assembly, and testing inspection. They serve prominent brands and products such as Bombardier, Kawasaki, Tesla, Global, Teknion, Seadoo, Upseat, BMW, and Honda, among others
SERIOUS BUYERS ONLY WITH ABILITY TO PROVE INVESTMENT FUNDS

DETAILED INFORMATION
Location
Ontario
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
7,600
Lease Expiration
30/11/2026
Employees
11
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The facility is efficiently managed, employing 10 to 13 staff members across an 8,800 sq/ft space. Other than the office area it comprises three distinct sections: a CNC area, a rubber/plastic molding area, and a foundry dedicated to soft metals.
Competition
There is a great future of Machine shop and very well supported by the government
Growth & Expansion
Hire sales and marketing agency or person as till today it is going with the references and connections in the industries. In 2024, the metalworking and machine shop industry will undergo significant changes, driven by the adoption of Artificial Intelligence (AI) and Machine Learning (ML). AI-powered design tools are increasingly essential, enabling the development of complex and highly accurate components.
Support & Training
Seller is willing to provide in-depth training to the buyer and/or their employees. Moreover, seller would like to work for the buyer for as many years buyer is willing to hire him with less load than what he is committed to in the present.
Reason for Selling
Retirement
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Rinki Sharma
International Realty Firm Inc
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Rinki Sharma
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