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Businesses For Sale > Business For Sale in Ontario, CANADA (CAN)

Waterjet Cutting Services South for sale in Ontario, CAN

Ontario, CANADA (CAN)

Asking Price: Gross: Cash Flow:
$ 499,000 $ 492,806 $ 214,674

Furniture and Fixtures Value:
$ 300,000 (included in the asking price)

Inventory Value:
$ 26,376 (included in the asking price)

Business Summary:
This profitable Waterjet cutting business is located 1 hour west of Toronto and has been serving the local market since 2001. The business has established key relationships within the local manufacturing industry as well as customers outside the province. The business has succeeded and grown from their ability to provide quality workmanship, deliver jobs on time and at competitive prices.The owner is looking for a share sale and the business comes with $85,000 of working capital.

 

   
Year Business was Established: 2001
   
Number of Employees: 2 FT  
   
Facilities / Terms of Lease: This business operates out of a 4000 sq. ft. manufacturing facility with an easily accessible loading dock with grade level entry. The facility contains three high-quality Waterjet cutting machines one large 87k PSI 6x12 Flow Waterjet cutter, one 60k PSI 4x8 Flow Waterjet cutter and a 60k PSI 4x4 Flow Waterjet cutter. The Waterjet machines have been well maintained and have been regularly serviced. The shop is located near highway access and approximately 1 hour west of Toronto.  
   
Potential Growth/Expansion: The potential for growth through additional advertising and targeted marketing to local manufacturers gives this business significant opportunities. Potential to add a second shift as sales grow.  
   
Competition: Most competition occurs in this industry on a local and regional basis. The Waterjet Cutting Services industry in Canada has a very low concentration (no dominant players), with the average establishment being a standalone operation. Most manufacturers subcontract services to Waterjet Cutting business due to the specialized nature of the work. Competitive success is largely contingent upon an industry operator's ability to produce cost estimates for jobs in an accurate and timely manner. Furthermore, industry operators compete based on price. Businesses survive and thrive based on the competitiveness of quotes. To maintain their competitive edge, industry operators must continually find ways to machine parts better, faster and less expensive.  
   
Owner willing to train: Will train for 4 weeks @ $0 cost.  
   
Reason for selling: Owner wishes to retire.  
   
Seller Reference Number: 9112-14848
BusinessMart.com Listing Number: 240327
 

 

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For more info contact:

Russ Bieber

Murphy Business & Financial Services
727-725-7090

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