Established Automation Machine Builder

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Description

Summary Description
This longstanding Industrial Automation Machining business has a skilled and motivated, non-unionized staff. They provide high quality custom build automation machine for process and testing blow moulding products  and metal fabrication for fixtures, conveyors, assembly equipment and cooling equipment primarily for Tier I and Tier II manufacturers in the Automotive industry. They are respected in the local manufacturing community and have a great reputation with long-standing customers and their supplier network. They work primarily in machining of short run, job shop related projects. The core business has focused on a couple of long standing customer relationships. They operate from a well maintained building totally approx. 11,000 sq.ft. (9,000 sq.ft shop) that is in very good condition and in an ideal location.  This profitable machine shop is poised for the next level of growth. This is an excellent opportunity to purchase a profitable, turn-key business and long-term customers and high growth potential.   


General Information
Year Established: 2004
Employees: 11
Facilities:
The Company operates from a 11,000 sq.ft. facility situated in a municipal industrial park.  Building has 24’ high ceilings, grade level overhead door, 5-tonne crane, and paved parking  Includes 9,000 sq.ft climate controlled shop, and 2,000 sq.ft office space.  The building is in very good condition.

Market Outlook
Competition: This business supplies high quality products and is centrally located in the Great Lakes/Mid-West industrial heartland.  This business grown through the years by finding creative and innovative ways to improve and provide superior customer service, accurate delivery timeframes and exceptional production to its customers.

Growth and Expansion: The business has done little marketing in the past. There is potential to grow through traditional marketing and sales efforts, expand into new industries by developing new product with existing infrastructure, leverage the existing customer base for additional work, and much more. There is available capacity. This is an attractive strategic acquisition opportunity. 

Property Id : 18914
Business Asking Price: $3,500,000
Including: Furniture, Fixtures & Equipment: $75,000 Inventory: $20,000
Gross: $1,830,000
EBITDA: $275,000
Listing ID: LBBO26
Support/Training: Transitional training available
Financing: Seller will finance for qualified Buyers
Reason for Selling: Retirement

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