Buy a Fabrication and Machining Business business for sale in on BusinessesForSale.com

  • Advert ID: 625308
  • (Seller ref: 35352B)

Fabrication and Machining Business For Sale


Location:
Category:
Asking price:
$12,500,000
Sales revenue:
$8,000,000
Net profit:
$1,500,000
Years established:
55
Employees:
44 full time


This “For Sale by Owner” fabrication and machining business was founded in 1953. This business is located within a heavy industrial area requiring fabrication and machining. The customer base is loyal and very diverse. Fabrication generates 60% of total revenues while the remaining 40% stems from machining. This retail business enjoys high gross profits, skilled employees and limited competition for custom machining. There are currently 44 full-time employees including the owners. The business can be run either in a absentee or “hands on” manner. Some owner financing may be available to the right buyer. Eager to retire, the owner is excited to meet with serious buyers. To learn more about this business please contact us today!


Real Estate:
Real Property Included
Location:
These 3 structures total 31,000 square feet of space and are situated on 3 acres of land. The main building is 2 levels while the others are just 1 level. The real estate is owned and included in the sale. Built in 1953, additions have been made through the present. There is room for expansion at the current site. Relocation of this business is impractical considering this was specially built to accommodate cranes and machinery. There are 22 acres available by a separate owner.

Expansion potential:
Growth and expansion can be attained through adding to the sales staff, accepting government or ISO 9000 certification and adding shifts, increasing production staff. Contracts for production machining and fabrication would be an additional profit center generating revenues.
Competition / Market:
There is some competition in this area.
Support & training:
Owner agrees to stay through a reasonable transition period.
Reasons for selling:
Retirement
Financing available:
There is a possibility for some owner financing for the right buyer.
Furniture / Fixtures value:
$2,200,000
Inventory / Stock value:
$20,000

For more information about this business for sale, click the Contact Seller button.

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