What should I look for in a cobbler’s stitching and finishing machines?
Check that each machine runs smoothly under real work, that parts and service are still available, and that the seller can show how old it is. Bring in a repair technician if you can, and ask whether you can replace items easily. Old machines can be fine, but you should know what you are taking on.
Ask the seller to run each machine on actual repairs while you watch. Listen for grinding, look for uneven stitching and note whether the operator needs tricks to make it work. Finishing machines, such as sanders and polishers, should hold steady speed and pick up dust properly.
Many cobbler machines are decades old and hold up well, but parts can be scarce. Ask whether the maker still exists, and whether a local technician can repair them. Ask the seller who repairs them now and what past repairs have cost.
Inspect safety guards, belts, wiring and dust extraction. Worn guards and loose wiring are a hazard to staff and may need attention soon. Check ownership. Some machines may be leased, financed or owned by a retired partner. Your lawyer can confirm there are no claims on them. You may also want an equipment valuation, or consider how you would finance replacements. Ask which machines carry out the work customers pay for most often, and what happens to that work if one fails. A single critical machine with no backup is a risk. Ask how long a typical breakdown has taken to fix, and who covered the repairs while it was down. Ask too whether any spare parts come with the sale.
Key takeaways
- Watch each machine run on real repair work.
- Ask who services them and whether parts are available.
- Check safety guards and confirm nobody else has a claim.
Related reading
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Selling
Due diligence
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Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 02Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
- 03Business Development Bank of CanadaGovernmentEquipment valuation: How to do it
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