Precision-Machined Parts, Components and Assemblies

Asking Price$880,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$624,432

InventoryNot Disclosed

FF&ENot Disclosed

listing imageSave

Precision-Machined Parts, Components and Assemblies


Asking Price$880,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$624,432

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
This company has a global reputation for impeccable professional standards and innovative, customer-driven services. Its expertise is complete in-house design and production, working with customers' visions and applying its state-of-the-art processes and techniques, resulting in high-quality, effective and reliable components, efficiently produced to meet budgetary and deadline targets.
About the Business
Years in Operation
24
Employees
6 Full-time
Facilities & Assets
Situated in the industrial hub of Old Richmond Hill, Toronto, this location offers convenient access and is just a short distance from the GO Station. 9,200-square-foot production facility in Richmond Hill, Ontario, comprising 10% office space and the remainder dedicated to a shop area. This facility is equipped for laser cutting, CNC machining, forming with industrial presses, and in-house coating and finishing.
Market Outlook / Competition
Relying solely on the website and word-of-mouth referrals has been sufficient to sustain the business's current operations and customer base. However, to unlock greater potential and drive increased growth, a new owner should consider implementing a more robust and diversified marketing strategy. This could include ramping up targeted marketing campaigns, introducing customer incentives, leveraging social media platforms, and exploring partnerships or advertising opportunities. By doing so, the new owner can attract a broader audience, expand the customer base, and significantly enhance revenue streams.
Opportunities for Growth
To continue the upward trajectory, implementing a well-defined and strategic marketing plan would further enhance the company's ability to reach and engage a broader customer base, securing a strong foundation for future success.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
9,200
About the Sale
Seller Motivation
Owner's retirement.
Transition Support
Seller is willing to train a new owner for a period of 3 months.
Listing Info
ID
2517412
Listing Views
16

Contact Seller

By clicking the button, you agree to BizQuest's Terms of Use and Privacy Notice.

Business Listed by: Khaled Baranbo Ontario Commercial Group

Listing ID: 2517412 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.