Waterjet Cutting Services South-Western Ontario

Not Disclosed., Ontario

Asking Price: Annual Revenue:
$499,000 $492,806

Manufacturing: Non-classifiable

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RE: Waterjet Cutting Services South-Western Ontario Broker: Greg Wood

Quick Facts

Asking Price: $499,000
Annual Revenue: $492,806
Net Profit: Not Disclosed
Cash Flow: $214,674
Total Debt: Not Disclosed
FF&E: $300,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 2
BBN Listing #: 20914955
Broker Reference #: 9112-14848

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Business Overview:

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.

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Property Features and Assets:

This business operates out of a 4,000 square feet 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. Total Assets Included: $521,220

Market Competition and Expansion:

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. 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.

Reason for Selling:

Owner wishes to retire.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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