PRECISION-MACHINED PARTS, COMPONENTS AND ASSEMBLIES

Greater Toronto Area, ON·Manufacturing

Listed by Ontario Commercial Group✓ Verified broker

This company has a global reputation for impeccable professional standards and innovative, customer-driven services. Its expertise is complete in-house design and production, working with customers' visions and applying its state-of-the-art processes and techniques, resulting in high-quality, effective and reliable components, efficiently produced to meet budgetary and deadline targets. Detailed Information Internal ID 20241128 Number of Employees 6 Year Established 2002 FF&E Included Yes Additional Information Reason for Selling Owner's semi-retirement Facilities & Assets Situated in the industrial hub of Old Richmond Hill, Toronto, this location offers convenient access and is just a short distance from the GO Station. 9,200-square-foot production facility in Richmond Hill, Ontario, comprising 10% office space and the remainder dedicated to a shop area. This facility is equipped for laser cutting, CNC machining, forming with industrial presses, and in-house coating and finishing. Support & Training Seller is willing to train a new owner for a period of 3months. Market & Competition Relying solely on the website and word-of-mouth referrals has been sufficient to sustain the business's current operations and customer base. However, to unlock greater potentialand drive increased growth, a new owner should consider implementing a more robustand diversified marketing strategy. This could include ramping up targeted marketingcampaigns, introducing customer incentives, leveraging social media platforms, andexploring partnerships or advertising opportunities. By doing so, the new owner can attract a broader audience, expand the customer base, and significantly enhance revenuestreams. Growth & Expansion To continue the upward trajectory, implementing a well-defined and strategic marketing plan would further enhance the company's ability to reach and engage a broader customer base, securing a strong foundation for future success.