Price: $900,000
Location: Ontario
Industry: Machine Shops and Tools
Listing ID: TOOL & DIE
Listing Status: Sold
Primary Business Category: Special Die and Tool, Die Set, Jig, and Fixture Manufacturing
Sunbelt Business Brokers is proud to present another great opportunity for a potential Buyer to own a turn-key business right here in Southwestern Ontario. This region is currently thriving in business and growth despite the economic downturns in major parts of Canada. This profitable 30+ year old Tool & Die business has seen the ups and downs of many cycles in the economy and has weathered them nicely. The Owner is retiring from the industry and looking for an ambitious successor to carry on. Revenues averaging $1.1M annually and SDE averaging $376K. The business has great employees, and the owner is able to take time off regularly. Great opportunity to grow the business easily with some online marketing and a website to highlight the company's services and expertise. This business would be a great addition to any manufacturing company that currently sub-contracts out tooling & fixture work to other businesses in their general area. INQUIRE NOW TO LEARN MORE ABOUT THIS OPPORTUNITY!
Support / Training Comments
Owner willing to train
Home Based: No
Year Established: 1988
Franchise: No
Year Acquired: 1988
Willing to Train: Yes
Relocatable: No Required
Is Property Leased: Yes
Real Estate Available: No
Real Estate Included: No
Real Estate Value: N/A
Fulltime Employees: 5
Part time Employees: N/A
Is Management Staying: No
Distressed: No
Monthly Payroll: $0
Monthly Rent: N/A
Total Sales: $1,100,000
Cash Flow: $376,000
FFE: $433,000
Inventory: $75,000
