Precision Computer Numerical Control (CNC) machining manufacturer...$1,058,000

British Columbia

**This image may not be a representation of the actual Business or Property for sale**
Business Type Manufacturing
Price $1,058,000
Real Estate Included No
Real Estate Value $0
Revenue $1,375,505
Cash Flow $208,859
Years in Business 20
Is Inventory Included No
Inventory 62000
Type of Sale Asset

Business Description

Manufacturing Company for Sale

The Company is a custom precision Computer Numerical Control (CNC) machining manufacturer. The business uses computer systems to control the machine tools which includes both turning and milling various materials.

No prior industry knowledge required; fully operational standalone business and existing ownership is not involved in day-to-day operations.

• Over 20 years in business with long-standing customers, majority who have been with the Company for over 15 years
• Equipment valued at $1,000,000 based on two recent appraisals, utilizing technology for multi-palleted systems for lights out machining capabilities
• The prime location is a Western Canadian hub with access to many large private and public companies in the Vancouver area and access to U.S. customers directly across the border
• For any interested buyer, no previous knowledge of industry is necessary as company is a fully operational standalone business and existing ownership is not involved in day-to-day operations
• Experienced staff in place:
• VP running the operations including: quoting, purchasing, sales and scheduling
• Skilled shop foreman responsible for executing quality on time deliveries
• Machinists and operators running the equipment and handling the shipping/receiving
• Accredited programmer proficient in Mastercam and SolidWorks writing programs for
the machining
• ISO certification completed
• Fully integrated ERP system with bar codes and scanners allowing for efficient purchasing, quoting, invoicing, and job costing from the shop floor through to accounting
• Significant opportunity for growth as marketing has not been a focus due to long-term relationships with existing client base
• Client list includes several international and local companies
• Last few years have seen significant improvements with growing customers, investing in new equipment, integrating new ERP system, ISO certification and new website
• Solid company with a strong foundation for continued success:
• Experienced management in place
• Strong customer base of 15+ years