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BUSINESSES FOR SALE

If you are looking to buy a business or sell a business, GlobalBX can help you. GlobalBX is a free business for sale listing exchange that provides a confidential forum to facilitate the buying and selling of businesses with thousands of businesses and franchises for sale as well as comprehensive business information for business buyers and business sellers. Buy a business, sell a business, find a franchise for sale or franchise opportunity at GlobalBX. Click Here to access GlobalBX's full site.

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Specialty Metal Machining: Add - On Business

Location  Ontario,Canada
Asking Price Range  $250K - $500K
Gross Revenues  $470000
Net Profit / Cash Flow  $170000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1973
Number of Employees  1 - 3
Inventory  96000
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  Seller will prvide training & transition.
Reason for Sale  Seller is moving out of the country.
Description  New Lower Price! If you are looking to expand your machining business in the GTA, this business is the only manufacturer in its category in Canada. In business since 1973 it has an excellent reputation, with a small, fully-capable staff who are willing to stay. The Seller has owned it for ten years and does not work at it daily. This is one of several businesses he has. He is moving out of the country and his time line to sell has shortened so the asking price has now been lowered. The Seller is committed to doing a solid training & transition with the Buyer before leaving. His staff relate to the customers on a daily basis and he is rarely involved. There are over 100 orders per month. Most of the company's top ten customers have been customers for more than five years. The company does no sales development or marketing and has hardly ever done any over the years. Ideally the acquirer has over 2,000 sq. ft. of unused space to devote to this business. As an acquisition, and with your current overhead already covered, the business would add in the range of approximately $170,000 of net income before taxes to your current earnings. Asking price $275,000.
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