Seller's Contact Information
- RE: Metal Fabrication, Welding, Sheet Metal Mfg.
- Contact: Joe MacGuire
Quick Facts
Asking Price: | $3,518,000 | |
Annual Revenue: | $8,969,672 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $682,929 | |
Total Debt: | Not Disclosed | |
FF&E: | 2,258,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1989 | |
Employees: | 58 | |
BBN Listing #: | 51374955 | |
Broker Reference #: | 7503-17536 |
Business Overview:
Precision metal fabrication, metal stamping, forming, machining, welding, engineering, design review, manufacturing optimization, prototyping, small batch, large batch, production runs, precision machining, CNC machining with 4th and 5th axis capability, CNC cutting, CNC turning, precision laser cutting, sheet metal punching, sheet metal forming, sheet metal rolling, sheet metal hardware insertion, certified welding, TIG welding, MIG welding, spot welding stud welding, serialization, laser and machine engraving, assembly work, small part cleaning, small part de-burring, coating, packaging, stocking programs and manufacturing services for all types of steel, sheet metal, stainless steel and aluminum products serving the automobile, aerospace, electrical and lighting component, HVAC, home improvement and many other industries.
Owner prefers to sell the business $3,518,000 with the Real Estate $5,670,250 Total Package Turn-Key $9,188,250 including secured non-compete.
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Property Features and Assets:
Commercial lot approximately 99,063 square feet in size with a commercial steel building of approximately 30,650 square feet with 3,600 square feet office area, paved parking area of approximately 52,938 square feet and landscaping over the remaining 15,475 square feet. City water, city sewer, natural gas, electric service, nearby city fire protection with on-site fire hydrant, police protection and main street snow clearing, conveniently located on a main road with normal utility easements along the edge, pedestrian sidewalks, ample parking (66 spaces), engineered water retention and drainage, fenced and secure shipping and receiving area, emergency access lanes, permitted commercial street sign, HVAC system and air evacuation systems for the welding shop. Constructed specifically for and ideally situated for manufacturing. Located near restaurants with access to major thoroughfares and very nice residential area. Owner Prefers to sell the Real Estate with the Business -Turn-Key. Owner is willing to consider long term lease or contract for deed to purchase the real estate for Buyer with approved credit or a standard triple net commercial lease with security. Assets = $3,518,000
Market Competition and Expansion:
Competitive industry. This business has continued to invest in the latest manufacturing technology to keep pace with the industry and to increase the precision and tolerances of manufacturing. There are a couple of traditional manual machines used to break down large stock to feed the precision machines or one-off forming, bending and prototyping fabrication. High potential for growth. This business has established an impeccable reputation in the industry for top quality work, fair pricing and on-time delivery. The business currently has several million dollars of booked orders and clients are constantly asking the business to accept additional work. the business is working with several organizations to find and develop additional qualified machine tool operators and welders.
Reason for Selling:
Owner is ready to retire.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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