Steel Fabrication Company Central Coast Area CA For Sale

Business description

This Steel Fabrication and Welding Company offers a wonderful opportunity to capitalize on the burgeoning economic recovery while living in one of the very nicest places in all of California.

Located in the famed Central Coast Region of California, this firm has provided Steel Fabrication Services for 16 years to a wide range of clientele. Among products they regularly produce are beams for homes and other buildings, winery structures, bridges and other custom fabrication projects.

Some reasons you should consider this attractive opportunity:
• The firm enjoys a prominent position in the local area marketplace, being considered a ‘go to’ provider of steel fabrication for homes and other custom uses.

• The company is situated in the fabulous Central Coast area near the communities of San Luis Obispo, Paso Robles and San Simeon. Truly this represents a ‘lifestyle business’ opportunity.

• The business is optimally equipped with well cared for and state of the art equipment. In fact, the purchase price includes enough well tended, modern equipment and machinery to serve ten times the current sales rate.

The company suffered in the recent economic slowdown, but is poised for a rapid recovery as the fast growing Central Coast braces for continued phenomenal business and population increases. The past six months have shown a robust increase in orders and fabrication projects.

Presently the business is located in a well suited facility including a shop of 3200 square feet, another 2000 square foot work area under cover and 3000 additional square feet of usable space. In addition there is considerable additional space in the rear of the property. Current rent is $3200 per month on a month to month basis, however the seller indicated the landlord is willing to negotiate a lower rate provide the new tenant enters into a multi year lease.

The seller desires to retire but is willing to train the new owner for a mutually agreed period.

Sales: $670,000
Furniture, Fixtures and Equipment Included in Purchase Price: $400,000
Seller’s Discretionary Cash Flow: $75,000
Asking: $495,000

Disclaimer: The information above was furnished by the seller. Sunbelt Business Brokers of Orange Coast or its agents have not verified the information and makes no representations as to its accuracy or reliability.

For more information call Steve Thomson, CBI, at Sunbelt of Orange Coast at ------------.
Email: -----@-------------.---. ---: ------------.

For a complete listing of our currently available business opportunities go to: ---.-------------.---

Property information

Real Estate:

Lease

Premises details:

3200 sq ft, $3200.00

Business Operation

Reasons for selling:

retirement.

Years established:

18

Other information

Financing available:

Downpayment Required: $0
Monthly Payroll: $9,000

Furniture / Fixtures value:

$400,000 (included in the asking price)

Inventory / Stock value:

$15,000 (included in the asking price)