Seller's Contact Information
- RE: Metal Fabricator In Strong Niche Market
- Contact: Calder Capital
Quick Facts
| Asking Price: | $400,000 | |
| Annual Revenue: | $893,118 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $177,203 | |
| Total Debt: | Not Disclosed | |
| FF&E: | 200,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1987 | |
| Employees: | 5 | |
| BBN Listing #: | 353645079 | |
| Broker Reference #: | 774 |
Business Overview:
Operating in a niche market for over 40 years, this Company specializes in the manufacture of metal furniture parts, staircases & steel fabrication.
The Company has ‘kept it simple’ and expanded organically over the years, simply by keeping aware of their customers’ needs and growing their services and capabilities to meet those needs.
With a large portion of customers operating in new home construction or remodeling, revenue and demand for the Company’s services are expected to remain high for years to come. Both new construction and remodeling demonstrate high growth rates throughout Kent County.
While ownership is hands-on and work full-time in the business, they are able to take several weeks of vacation per year without interrupting or straining current operations.
No licenses are required; however, it would be beneficial for a buyer to have experience in welding and metalwork.
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Property Features and Assets:
14,500 square feet industrial space. Property available for lease or sale. $4,000 per month lease rate. $250,000 sale price.
Market Competition and Expansion:
Investment Highlights Include: (1)Excellent Supplier Relationships – suppliers are stable, provide outstanding quality, and extremely quick delivery (2)Niche Market – competition is virtually non-existent (3)Simple Business Model —easy to run and train new owners or employees (4)Loyal Customer Base — 90% repeat customers Growth and Expansion: (1)Invest in Marketing and Technology (2)Hire Employees to Support Growth (3)Price Volatility of Raw Metals
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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