Retiring? Don't close the doors.
When you're ready to stop, we can buy your client book, your machines, or the whole business, or help you sell the machines. Your clients keep getting their parts, and you get paid for what you built.
Or email quotes@rennickcnc.ca with "selling" in the subject.
Three ways to sell
Most owners pick one. Some do two: the client book to us, the machines sold for them.
Your client book
You introduce your clients and agree not to compete. We serve them, and pay you a share of what they order.
Your machines
We buy at fair market value and place them at a partner shop, or sell them for you through a broker or an auction.
The whole business
An asset or share purchase: the clients, the machines, the name and the people.
From first call to handover
A small, clean deal often closes in 60 to 90 days from the offer.
What you can add online
- Right awayWhat you want to sell, each machine (make, model, year, photos, what you'd take for it), your clients' company names and rough yearly sales, and any notes.
- After we both signClient contacts, financial statements, sales history by client, your workbooks.
- On a visitClay can build the whole sale file with you at your shop.
Taxes, privacy and financing
Talk to your accountant and lawyer before you sign anything. These are the things they'll raise.
- Share saleSelling the shares of a qualifying small business can use the lifetime capital gains exemption, $1,275,000 per person in 2026.
- Asset saleSelling machines for more than their tax value brings back depreciation as income. Old, written down machines are where this bites.
- Earn-outsPayments tied to future sales can be taxed as income. A fixed price with a holdback can avoid that; your accountant will say which suits you.
- Your clients' privacyWe only see client contacts after both sides sign the confidentiality terms. Clients are told after closing. If the deal doesn't happen, we return or destroy what you sent.