Sheet Metal Manufacturing & Installation For Sale

Business description

This is a fast growing industrial sheet metal fabricator specializing in precision sheet metal components for the pharmaceutical, medical, high tech and aerospace industries. The business is located in the Orange/LA County area but does business throughout the Southland.

The company has a well established name and an excellent reputation for quality and service in the industry. The business was established 40 years ago and has a consistent and profitable history. The current owner bought the business three years ago and has grown the business significantly in that time. Revenue and SDE for the last 12 months are $1,264,243 and $322,477 respectively.

This is a fully-functioning sheet metal manufacturing facility with press brakes, shears, benders, welders and other heavy equipment. Other assets include a truck, computers, auto-cad software and general office equipment.

The managing owner currently oversees day-to-day operations, manages accounts, bids jobs, orders materials and does the design work for the business. The business has 3+ field workers including a licensed foreman (RME) who can also quote jobs, an installer and a journeyman. There are two part-time administrative workers who manage the office and books.

Property information

Real Estate:

Lease

Lease terms:

$2,730 per month

Location:

5,000 sq. ft. building

Other information

Support & training:

Seller will provide training

Reasons for selling:

Relocation

Trading hours:

Monday-Friday

Financing available:

Seller will negotiate financing

Furniture / Fixtures value:

$101,166 (included in the asking price)

Inventory / Stock value:

$30,000 (included in the asking price)