Profitable Custom Sheet Metal Fabrication
Location: New Jersey
Industry: Manufacturing > Metals Components Manufacturing
Financials
Asking Price: $1,000,000
Gross Revenue: $1,200,000
Cash Flow: $223,000
Cash Flow Comments: SDE
Inventory: $65,162 (Included in Asking Price)
FF&E: $9,875 (Included in Asking Price)
Seller Financing: Depends on Buyer's Credit
Business Summary
Business Description
This well established custom metal fabrication company has been in business for over 55 years and is known in the industry as an outstanding custom metal fabricator. They provide custom lighting, computer cabinets, portable audio racks, etc. Since their work is custom, their profits are solid. The majority of their sales is repeat business and often don t ask for prices but instead are interested in when the work will be completed. The facilities allow for the new buyer to use a small portion of the 28,000 sq ft available then lease additional space as the demand for space increases. If you currently in the metal fabrication, then this is the perfect acquisition to grow your sales and margins.
Historical Summary
The sales have been consistent for the last five years since the business is based on long established customer relationships.
Owner Qualifications
Should have some manufacturing or sheet metal experience.
Competition
The Company has limited competition in the small run custom fabrication market.
Potential for Growth
Additional sales and marketing should increase sales since the company currently generates sales by reputation and word of mouth.
Facilities & Locations
Commercial one story building with a total of 78,000 sq ft. The Company uses 15,000 sq ft with other tenants using the rest of the building
This well established custom metal fabrication company has been in business for over 55 years and is known in the industry as an outstanding custom metal fabricator. They provide custom lighting, computer cabinets, portable audio racks, etc. Since their work is custom, their profits are solid. The majority of their sales is repeat business and often don t ask for prices but instead are interested in when the work will be completed. The facilities allow for the new buyer to use a small portion of the 28,000 sq ft available then lease additional space as the demand for space increases. If you currently in the metal fabrication, then this is the perfect acquisition to grow your sales and margins.
Historical Summary
The sales have been consistent for the last five years since the business is based on long established customer relationships.
Owner Qualifications
Should have some manufacturing or sheet metal experience.
Competition
The Company has limited competition in the small run custom fabrication market.
Potential for Growth
Additional sales and marketing should increase sales since the company currently generates sales by reputation and word of mouth.
Facilities & Locations
Commercial one story building with a total of 78,000 sq ft. The Company uses 15,000 sq ft with other tenants using the rest of the building
About the Business
Year Established: 1950
Employees: 11 full time -
Relocatable: Yes
Facilities: 28000 sq ft industrial building with loading dock and high amp service
About the Sale
Management Training and Support: Owner will stay on and help train Buyer
Reason For Selling: Owner wants to retire
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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