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Profitable, Multi-Faceted Structural Steel and Pipe Fabricator For Sale

Details: Asking price:$2,600,000; Sales revenue:$5,883,000; Net profit:$679,000; Fixtures value:$2,573,000; Inventory value:$72,000

Business description: Working under a team approach comprised of experienced and talented personnel, this company can fabricate all types and shapes of metals including rolling, bending and forming, mandrel pipe bending, plate shearing and punching, beam splitting, straigtening and cambering, and industrial coatings and surface preparation for all types of projects - whether small or large scale.

Their machine shop has an extensive equipment list, including manual lathes, vertical turret lathes, horizontal boring mills, CNC lathes, CNC mills, vertical saws, hydraulic presses, and a vertical broaching machine.

In addition to their machine shop capabilities, this company has field erection and maintenance capabilities ranging from complex plant shutdown to simple routine facility improvements.

General information: Years established:34; Employees: Approx. 40; Trading hours: 8:00 AM to 5:00 PM; Location:Facilities cconsist of 3 free standing buildings with a total of approx. 62,000 square feet located on 6.3 acres, almost all of which is paved. A railway runs along its back boundary. This property is zoned industrial and is located in a California Enterprize Zone.; Expansion potential:Facilities and equipment are sufficiently ample to allow extensive growth if an owner was inclined to develop a broader customer base. In fact, at one time this company employed 100 people.; Competition / Market:There are other fabricators in the local area but they do not appear to have the capacity to compete on the same level as this multi-faceted operation - large or small jobs, with offsite capabilities, for machine shop operations, facbrication, industrial coatings (paint) and maintenance or repair.; Support & training:40 hours per week for 4 weeks; Reasons for selling:Owners are retiring; Financing available?Negotiable; owner may carry