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37720 - Profitable, Niche Stainless Steel Fabrication-installer! For Sale

San Diego, California - South, US
Asking Price:
$8,000,000 (USD) Furniture / Fixtures included
Sales Revenue:
$9,800,000 (USD)
Cash Flow:
$1,912,197 (USD)

As a full service engineering, fabrication, manufacturing rep, and special trade contractor in California, this company offers design, engineering, fabrication and installation. Primary products include stainless steel systems for niche companies including but not limited to the pharmaceutical and food and beverage industries. While the majority of their services are provided to local clientele, they have had special projects taking them long distance. They also engage in projects that involve helping businesses move plants to other states, be sure to inquire for more specifics about the business. There is plenty of opportunity for the new ownership to expand the business through service radius or reaching out to additional industries. In spite of nationwide pandemic, 2020 has shown substantial growth with revenues over $9.5M and net income over $1.2M with $1,600,000 plus in SDE, over the past 5 years, they have consistently had over $6M in sales. With over 30 employees and management in place, the seller has minimal involvement in day-to-day operations. The facility is over 14,000 square feet and warehouse, production and office areas. The property can be leased or purchased. As a highly reputable company, the client list does include household names with longstanding relationships. It should be noted, the current ownership has chosen to maintain this size and not expand the business, and this well-established company could certainly thrive nationwide!

Property Information

Real Estate:

Lease

Location:

Property can be leased or purchased.

Premises Details:

Varying Inventory per project comes included.

Size in square feet:
Over 14,000+/-

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Monday to Friday, open 7AM - 3:30PM.

Employees:
Over 30 nonunion.
Years established:
1988

Other Information

Support & training:

Owner Transition period of 12 months.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Financing can be negotiable for the appropriate buyer.

Furniture / Fixtures value:
$1,000,000 (USD) - included in the asking price

Contact IAG

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