Summary
- Asking price:
-
$279,000
(Furniture / Fixtures and Inventory / Stock included)
- Sales revenue:
- < $500k
- Net profit:
- < $250k
- Years established:
- 18 years
- Employees:
- 3
Business description
The business designs and builds metal products such as Carts, Chutes, Hoods, Platforms, and etc. It is priced at well below the value of the assets alone, so it will be very easy and inexpensive for a new owner to takeover and be successful. If you have simple metal fabrication experience, this is the one you have been looking for. It will go fast. Call right away.
Property information
- Real Estate:
- Lease
- Lease terms:
- assignable
- Location:
- The business operates from a 3,600 square foot leased facility that is located in an industrial park. It is very well suited for this business and consists of a shop with loading dock and a nice front office area.
Other information
- Expansion potential:
- Since the current owner is spread between this and 2 other businesses, far more revenue and profit could be realized through more frequent contact and prospecting the existing customer list and developing relationships with the unlimited number of potential customers.
- Competition / Market:
- The company has an excellent reputation over many years for good quality and service. They are able to provide rapid gratification for some customers who need small orders right away. They have a market advantage because of their small size and they are also able to re-allocate their resources quickly to meet sudden customer needs. Their competition is mostly larger companies who do multiple millions in revenue and cannot make changes so easily.
- Support & training:
- Seller is willing to assist new buyer with a successful transition.
- Reasons for selling:
- Seller's attention is spread between this and 2 other businesses.
- Furniture / Fixtures value:
- $330,255 (included in the asking price)
- Inventory / Stock value:
- $12,800 (included in the asking price)
- Related documents:
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Contact the seller
For more information about this business for sale, click the Contact Seller button.
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