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Business for Sale Overview:

It doesn't get much better than this. This welding operation is experiencing rapid growth associated with military related contracts. The owner has made significant financial commitments over the past two years to prepare for this growth, and is now reaping the benefits. Now ISO 9002 certified, more contracts will be coming his way. Sales from January through December, 2007 are averaging $475,000 per month. On this, the average monthly adj net has been $120,000 per month. Today, one customer is currently a significant percentage of sales. The timing is good now for a buyer, because the customer doing the military vehicle manufacturing, has given the company a contract which has been ramping up since last fall. Once this contract is in full swing, and the Company's sales base is more diverse, a buyer might expect to pay a more usual multiple of EBITDA, in the range of 4.5x to 5.5x. Until then, the right buyer get a sweetheart price of less than 2X Seller's discretionary Earnings. Prospective buyers will need to show a Financial Statement with at least $875,000 liquid to use in conjunction with an SBA loan. At the end of his lease term last year, the owner elected not to sign up for a long term lease to give more options to prospective buyers. This is not a location dependent business, and there is plenty of space within a twenty-five mile radius for the buyer who might want to move the business closer to him.