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Pattern And Mold Making Business For Sale

Location  Alberta,Canada
Asking Price Range  $500K - $1.0M
Gross Revenues  $465000
Net Profit / Cash Flow  $145000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1990
Number of Employees  4 - 5
Inventory  $360000
Relocatable  Yes
Number of Employees  4 - 5
Real Estate  Owned
Training  Owner will stay on for a reasonable transition to acclimate new owner to area, business and clients.
Reason for Sale  Age and other opportunities.
Description  This exceptional company started business in 1999 and has been going strong ever since as the only pattern shop in the heavy populated area manufacturing wooden, synthetic and urethane patterns for foundries. This fine company makes patterns for the foundry industry using wood, plastic and metal composites such as steel & iron for sand castings. They are well known for the best cad cam in the country. They have a specialist in programming CMC machines, he can program line of codes up to 10 million which is high above the norm. The percentages of revenue on the services they offer are: 65% pattern making and 35% is for mold making. All equipment and inventory are included in the asking price except for personal artwork and personal antique tools. This fine company's solid clientele base return because of quality service and products, on-time delivery, fair prices and excellent inventory availability. The 5,800 SF building is located on an 8,000 square foot lot with good traffic visibility. It has two large offices of 16x40 Ft and 14x14 Ft; there is a 20x20 storage area and 8x17 Ft staff area. The shop is 3200 SF. The building is in good overall condition with a new roof, freshly painted building exterior, full security & video surveillance. The building is close to a freeway with excellent neighbors. There is another company who operates in the building and pays lease and shared in utility costs. The property is valued at $525,000 and Owned with Option to Purchase, price negotiable with sale of business. Owner has well established management team in place. The three employees will most likely stay on. Asking $780,000, This fine opportunity includes, equipment, inventory, and property. Contact for more information on this pattern and mold making business for sale.
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