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Listing ID: 1360379

40+ Year Tool And Die Shop For Sale

Windsor, Ontario, Canada

CA$ 2,500,000

(Furniture / Fixtures and Inventory / Stock included)
(Real Estate Included)

Revenue: CA$ 2,503,000

Cash Flow: CA$ 355,000

Business Description

Quality Tool and Die business for sale. The business has been established for 40+ years has been built on quality products and great service over the years. Located in Southern Ontario near the US border this company provides custom precision machining services for various industries and many custom machinery applications; short run production; design and build; and fabrication services to both Canadian and US customers.

With a resurgence of manufacturing in North America and many machine tool companies out of business over the past 15 years, this company provides a great opportunity for growth. This is a turnkey business with the current owner, who is retiring, willing to provide transitional training and for a smooth start for a new owner.

Property Details

Years Established:

40+ Years

Property Type:

Real & Lease

FF&E:

CA$ 1,150,000

Inventory Value:

CA$ 20,000

Real Estate Value:

CA$ 750,000

Other Details

Business Location:

23,000 sq.ft of space, includes approximately 3,000 sq.ft of office, large shop floor fully equipped with cranes, shipping and receiving bays and plenty of storage space. The space is well maintained and regularly upgraded.

Competition:

The company is well known for quality workmanship and service. Staff are cross-trained to be flexible and quick on lead times, plus they are able to do one-off machining affordably and to spec.

Expansion Potential:

Based on the Company's recent revenues, technical capabilities, available space and no debt there is lots of opportunity to expand customer base and service offerings into larger work pieces and volume. Including handling tooling contracts outside of the US and Canada. The business has done little marketing in the past. There is potential to expand through traditional marketing and sales efforts, and expand into new industries by developing new product with existing infrastructure. There is existing available capacity.

Operation Details

Employees:

22

Support & Training:

Transitional training available

Miscellaneous

Financing Available:

Yes
Will finance qualified buyers

Reason For Selling:

Retirement

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