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RE:  Western Washington Steel Fabrication Co. Contact:  Charles Morningstar
Owner Financing is Available!
With substantial down, fully securitized note, personal guarantee, and seller’s approval.

Quick Facts

Asking Price: $1,295,000
Annual Revenue: $1,475,000
Net Profit: Not Disclosed
Cash Flow: $562,769
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2015
Employees: 4
BBN Listing #: 327232903
Broker Reference #: Not Disclosed

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Business Overview:

This company is a niche, turnkey steel fabrication and installation business engaged in the manufacturing of light structural, stairs, railing, and related metal products. The company also performs its own installations if required by the GC or end customer. With several decades of combined experience at work producing the products and installing as well, this company has a reputation of producing quality combined with a dedication to service above and beyond its competitors.

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Property Features and Assets:

3,000 square foot shop, 375 square feet office, 660 square feet lit covered painting area, 375 square feet lunchroom, a 175 square feet mezzanine area, a 1,200 square feet lit covered work area outside and lots of yard space with installed custom racks for storage. There is ample parking for both customers and staff with enough room for a full-sized semi to turn around.

Market Competition and Expansion:

The company has little competition. Most shops either want to do only larger fab jobs and no install or they are too small to handle what they do. They are a niche shop in the midsize services. This company only takes on certain projects and does not pursue public sector work or larger jobs. They have been avoiding work in Seattle but there are a lot of more jobs that can be secured to add to sales. This year the company stepped out and took on some larger projects based on the equipment and personnel they have now. The potential for growth through marketing exists - they “have never advertised or pursued work, all our jobs come to us”. Current earnings could also be expanded with added shifts as well as mass producing parts with the available equipment.

Reason for Selling:

Owner 1, Retirement, Owner 2, Possibly Stay On.

Additional Details:

  • The property is Leased.
  • The owner is willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity


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