Welding Machining And Fabrication Shop In Ontario For Sale

Business description

This established and growing business has been in operation for 6 years specializing in the combination of machining, welding and assembling of highly complex and high tolerance Stainless Steel and Aluminum Products. They are a turnkey metal fabrication facility, using the most up-to-date machining, welding, assembly and manufacturing processes. 50% of sales are production runs and 50% are prototype or single units. They are experienced in the following industries: environmental, pharmaceutical, food, construction installation, electronics and oil and gas.
The company differentiates themselves by providing customers with custom solutions tailored to meet their needs. Their trained staff works closely with their clients to develop economical, quality manufacturing solutions for a broad range of projects. From engineering support through machining, fabrication and mechanical assemblies, they provide customers with turnkey products that are completed on time, on budget and within specified tolerances.
The modern shop has over 19,000 sq. ft. with only 70% of the building used to capacity and has ample room for expansion. There is 1100 Amp Service in the facility. There is great potential to expand the business by adding machinery such as a Breakpress, Laser, Waterjet or CNC Lathe.
This opportunity would be perfect for someone looking to take over a growing company, or could be an addition to an existing company that wants to manufacture their own product, or an add on service to their current operations. The current owner wants to semi-retire and is willing to stay long term for an effective transition.

Property information

Real Estate:

Lease

Premises details:

$N/A

Business Operation

Reasons for selling:

Retire

Trading hours:

Days: 5days/wk, Hours: Mon-Thur: 8-2:30, Fri-8-4:30

Employees:

Full Time: 14

Years established:

7

Other information

Financing available:

Downpayment Required: $0

Furniture / Fixtures value:

$280,000 (included in the asking price)

Inventory / Stock value:

$170,000 (included in the asking price)