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Listed by:

BTI Group

Broker license number: 17578

Industrial Plating And Machine In King County For Sale

King County, Washington
Asking Price:
$295,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,635,000 (USD)
Cash Flow:
$325,000 (USD)

The Company provides industrial plating and machine shop services to customers is a broad range of industries. 2018 revenues have been increasing substantially and 2018 discretionary earnings should double those in 2017. Its strong reputation is earned by its skilled that’s committed to delivering high quality and excellent customer service.
Furniture, Fixtures, & Equipment (FF&E): The assets are good working condition and are able to support expanded requirements. Over $500,000 invested.
Inventory: Raw materials to support services.

Property information

Real Estate:

Lease

Lease Terms:

Expired 6/30/2021

Leasehold Rent:

$15,970 (USD) per annum

Location:

Seattle Metropolitan Area

Premises Details:

11,500 square feet of leased space with an opportunity for expansion.

Size in square feet:
15,000

Business Operation

Expansion Potential:

Enhanced marketing and sales activities can be supported by adding additional work shifts.

Competition / Market:

Niche business with no local competitors for its key plating services; plating essential to the operation of industrial machinery. Competitive advantages include the Company’s full service offering and reputation for quality and customer service.

Reasons for selling:

Retirement

Employees:
11
Years established:
1985

Other Information

Support & training:

Seller will train and transition the business in accordance with the purchaser’s requirements.

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

Seller will provide partial financing for a qualified buyer.

Furniture / Fixtures value:
$250,000 (USD) - included in the asking price
Inventory / Stock value:
$7,000 (USD) - included in the asking price

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