20+ Year Custom Fabrication & Machine Shop

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Description

Summary Description
This longstanding custom job shop specializes in machining and fabrication of machinery and tooling for the forest industry, agricultural industry aggregates, and general public. The core business has focused on general fabrication of custom machines, industrial machine components, and hydraulic general repairs. The business has grown through referrals, word of mouth, high quality work and exceptional service. The business was established over 20 years ago and the owner is looking to relocate and pursue other interests.

General Information
Year Established: 1998
Employees: 8
Facilities: The company operates from a 13,000+ sq.ft. manufacturing facility on 1.35 Acres situated in rural Eastern Ontario. Includes office space, shipping and receiving bay, inventory storage, machine shop, fabrication department.  Some work on yard, roof, exterior wall painting, highway signs are recently done.
Market Outlook
Competition: This business supplies high quality products and is centrally located in the heart of the Ontario forestry industry.  This business is as a leader in its market 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 leverage its leading competitive position through traditional marketing and sales efforts.  Further, opportunities exist with current clientele.  Expanded product offerings have been under-utilized with current customer base.

Property Id : 19857
Business Asking Price: $975,000
Including: Furniture, Fixtures & Equipment: $210,000 Inventory: $30,000; Real Property: $375,000
Gross: $1,200,000
Seller’s Cash Flow: $275,000
Sellers Discretionary Earnings: $275,000
Listing ID: LBBO41
Support/Training: Transitional training available.
Financing: Will Finance Qualified Buyers
Reason for Selling: Relocate and pursue other interests

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