40+ Year Tool and Die Shop

Windsor, On, Canada, ON

Seller Financing Available
40+ Year Tool and Die Shop
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Asking Price: Get Financing: $2,500,000

Cash Flow: $355,000

Gross Revenue: $2,503,000

EBITDA: N/A

FF&E: $1,000,000

Inventory: $20,000

Real Estate: $750,000

Established: N/A

40+ Year Tool and Die Shop

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Business Description

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.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
22
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
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.
Growth & Expansion:
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.
Financing:
Will finance for qualified Buyers
Support & Training:
Transitional training available.
Reason for Selling:
Owner Retiring
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Bill Sivell

Business Listed By:
Bill Sivell

Liberty Business Brokers of Ontario

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