Long established manufacturing business. Custom manufacturer of sheet metal products in stainless steel and other material. Examples: metal furniture, enclosures, sinks, bins, serving counters, display counters, display shelves, interior finishing sheet metal works. Serves restaurants, institutions, contractors, home owners and business establishments of various types. Has facilities to cut intricate patterns on various materials, metals, plastics, ceramic, stone slabs. The shop is located in prime industrial area in the GTA. The owner is now interested in selling the assets, including equipment, and material inventory, for $500,000. with the intention of possibly closing the business. Sales have dropped from the over two million dollars level to the current one million dollars range.
Of particular Interest to individuals or entities who need sheet metal production facilities, or individuals who have the financing in place to acquire the facilities, and have the marketing and sales force in place to be able to revitalize the business. The owner may stay, depending on circumstances, to participate in the revitalization of the business.
Asking Price $500,000
Profit Less than $100,000
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