Business For Sale

One of Utah’s Most Est. Sheet Metal Manufacturers

Not Disclosed, UT
Salt Lake County


Asking Price: Annual Revenue:
Not Disclosed $623,500

Manufacturing: Metal Products


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RE: One of Utah’s Most Est. Sheet Metal Manufacturers Broker: Saul Komisar
Owner Financing is Available!

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $623,500
Net Profit: Not Disclosed
Cash Flow: $134,570
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1988
Employees: 5
BBN Listing #: 801149963
Broker Reference #: 1401-916390

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Business Overview:

Established in 1988, this metal fabricator is in the greater Salt Lake Valley and has served the Utah community for over thirty years. The business has well established relationships with a diverse set of customers, many of which include some of the largest and most stable companies in the State. The work performed for these customers includes: plate shearing, CNC punching, custom fabrication, cutting, welding and forming. The company also provides many specialized services relating to metal, stainless steel, piping and tubing for companies in a variety of industries, creating economic diversity and security for the business.

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Property Features and Assets:

The company has been in operation for decades due to its reputation for quality, fair pricing and reliability. The company operates out of a 13,000 square feet facility, which is available for purchase but not included in the offer price. The stated cash flow has been adjusted to reflect the new owner paying a market lease rate for the area if the real estate is not purchased with the business. A lease for the existing space can be negotiated for a period but eventually the Buyer will need to relocate. All equipment is well maintained and in good working order. Unlike many sheet metal fabricators, the company’s primary products and customer base do not require highly specialized machinery and the associated high annual capital expenditures plaquing many of their competitors. Although most current work comes from existing clients and referrals, the company recently overhauled their website and SEO optimization, resulting in the company being near or on the top of most key organic searches. Any and all real estate facilitated by Keller Williams Commercial. All assets are in good working condition and included in the sale price. Inventory of approximately $40,000 is also included in the sale price. The sale of the real estate is being facilitated by KW Commercial.

Market Competition and Expansion:

•In Business for Over 30 Years •Great Reputation in the Market •Tenured and Highly Capable Staff •Consistent Sales and Profitability •Diverse Customer Base with Long Standing Contracts in Place •Relatively Low Amount of Annual CapX Required •Large Amount of Diverse Inventory Included in the Sale Allowing for Custom Orders •Nimble Manufacturing Process Allowing for Large or Small Production Runs •Manufacturing Process Allows Requires Short Lead Times and Quick Delivery •Referral Based Business •Business is Capable of More Than Doubling Revenues with Minimal Additional Capital Expenditure and Headcount

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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