Request More Information Contact the Seller
- RE: Metal Fabricator
- Contact: Not Disclosed
- License #: 1896543
Quick Facts
Asking Price: | $1,500,000 | |
Annual Revenue: | $7,211,804 | |
Net Profit: | $256,000 | |
Cash Flow: | $372,649 | |
Total Debt: | $297,000 | |
FF&E: | $400,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1973 | |
Employees: | 45 | |
BBN Listing #: | 944845 | |
Broker Reference #: | SEA415 |
Business Overview:
Metal fabricator with contracted clients and a well established customer base earned by being in business for decades.
It is being sold by the original founders who are looking to retire. They will remain for a period of time to assist the new owner in training.
The company manufactures a diverse set of metal related products from customers in the following industries: electrical/power generation, medical, automotive, industrial and governmental organizations. The orders from customers are nearly all on a recurring or repeating basis.
Recent trailing twelve month seller's discretionary cash flow ending March 2024 is $372,649.
The purchase price *includes* $800,000 of net working capital (accounts receivable, inventory minus accounts payable) and all the equipment (estimated market value of $400,000 to $600,000).
Cash is excluded from the sale price.
This is a highly confidential matter and no information will be provided to any prospective buyer until a confidentiality agreement is signed along with a profile demonstrating the financial wherewithal to consummate a transaction. Please respond to this ad or contact bob@seapointadvisors.com for the necessary forms to obtain the confidential information memorandum.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Reason for Selling:
RETIREMENT
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more California businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information