Business Overview:
This long-established welding and machine shop in Northern California is Sole Proprietorship and was under the current ownership for the past 45 years but has been in business for over 75 years! For over seven decades, their team of master craftsmen and welders has been working to perfectly execute projects for fabrication, repair, and construction. What services do they provide? Machinery rebuilds and repair, vehicle welding, trailers, steel fabrication, axles, hitches, and repairing customers' equipment. They have lathes, shears, mills, press brakes, and can do any type of welding. The business comes with the building and the 2 lots next to it, and they are located right on the railroad tracks.
Growth can be obtained by expanding into other markets that are being served by the business. The largest customer segment currently served is the farming community. This segment is recession resilient and in high demand, and this business has earned its reputation in the repairs and equipment it can service in this industry. Currently, approximately 60% of the business is in Farming, with approximately 40% in other industries. Another unique feature is they sell raw iron and steel and have a large inventory of this at a lower purchased cost. By selling more of this material, a Buyer could quickly add revenue to the company and high-profit margins.
Broker: ProEquity Asset Management Corporation License ID: 01870526
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Reason for Selling:
Seller would like to retire
Additional Details:
- The property is owned.
- The owner is not willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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