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Listing ID: 2573520

Industrial Automation Business For Sale

Windsor, Ontario, Canada

BUSINESS SOLD

(Furniture / Fixtures and Inventory / Stock included)

Revenue: CA$ 5,350,000

Cash Flow: CA$ 868,000

Business Description

Sales have climbed 65% over the past 3 years… from $1.7m in 2014, to $3.1m in 2015, to $5.3m in 2016. Plus, they are projected to grow another 65% with sales of over $8.3m in 2017. This business specializes in the design and build of custom automation solutions. They are primarily doing work in the automotive sector with both local and non-local customers in both Canada and the US. The company currently holds vendor codes for 2 major automotive manufacturers with opportunities to grow with both. The current location is state-of-the-art, clean, organized and has available capacity with both space and machinery. The employees are young and ambitious with a strong competency in the area of engineering. Over the years with growth in sales and profits they have reinvested in infrastructure to ensure the future is even brighter. This Company represents a unique and compelling investment opportunity. Buyer Confidentiality and Financial Qualification required.

Property Details

Years Established:

7 Years

Property Type:

Lease

FF&E:

CA$ 500,000

Inventory Value:

CA$ 500,000

Other Details

Business Location:

The 21,400sq.ft. Facility contains production, office and boardroom space. This is a ready-made operation with high profits and room to expand with both space and machinery for and investor or operator; or it can provide someone already in the automation/manufacturing space the opportunity to extend their reach geographically, build customer diversification or enter into the automotive industry.

Competition:

There are few competitors in their direct space. The business is positioned to work on automation projects that are small for large multi-national manufacturers but too large for small regional competitors. The company has aggressively captured market share each year, and have booked orders for the immediate future.

Expansion Potential:

Almost all of their growth and success over the years has come from referrals and repeat business. For the future growth, they have untapped opportunity with a second major automotive manufacturer vendor code, they have 2 sales people on staff and continue to organically build their network of customers.

Operation Details

Employees:

25

Support & Training:

Transitional training support available

Miscellaneous

Financing Available:

Yes
Will Finance For Qualified Buyers

Reason For Selling:

Personal Family Reasons

Listed by:

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