Metal Fabrication with Land and Buildings

Not Disclosed, FL
Hernando County

North of Tampa


Asking Price: Annual Revenue:
$1,645,000 $1,041,560

Manufacturing: Metal Products


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RE: Metal Fabrication with Land and Buildings Broker: Anthony Rigney
License #: CQ1055334

Quick Facts

Asking Price: $1,645,000
Annual Revenue: $1,041,560
Net Profit: $290,891
Cash Flow: $290,891
Total Debt: Not Disclosed
FF&E: $216,450
Real Estate: $1,000,000
Year Established: 1980
Employees: 5
BBN Listing #: 472554044
Broker Reference #: 77812001

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Business Overview:

Metal Fabrication Land and Buildings Included.

This is a four-decade old established business which includes valuable real estate and buildings. The owners are now ready to retire and hand this jewel off to new blood. Focus is in metal fabrication. 50% of work is for long term Industrial clients. The remainder is custom metal work. During 2020 when many businesses struggled and closed this business remained strong. 2020 was actually a better year than 2019. Solid staff in place. Seller is willing to train buyer. Inventory is "just in time" thereby reducing working capital needs.
Real Estate has a recent appraisal and is estimated to be worth $1M.

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Property Features and Assets:

Business is located on a 6+ acre property. The property contains Office, warehouse and storage space of over 7,500 square feet total. A recent appraisal was commissioned and can be reviewed up request after signing of Non Disclosure Agreement. Real estate is estimated to be worth $1M.

Market Competition and Expansion:

There are two local businesses that currently provide similar services. They both can fabricate some of the product type but cannot match the full range of services and capabilities of this business. There are opportunities for possible growth around the central Florida area with current customers expanding their production.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is 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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