Business Overview:
Highly profitable welding supply company with significant opportunity to expand. The 73 year old owner started the company almost 50 years ago and is ready to retire. Company has 2 employees, a clerk and a route salesperson. This company "owns" welding supplies in its market. St. Lucie County is one of the highest growth areas in the state and country. Projects with over 2M square feet of industrial space recently completed or in development.
Very clean books on old fashioned systems. Great cash flow, great market, and hard assets with CRE included. Company would make a great tuck-in for an industrial supply company or an ideal platform for growth. Local market expansion is a given. Other easy opportunities include product expansion and a very simple/logical market expansion.
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Property Features and Assets:
Building Type: Industrial Flex. Square Footage: 2,556.
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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