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Metal Fabrication With Real Estate
Location: United States -> Florida -> Hernando
Industry: Manufacturing > Metals Manufacturing




Business Summary

Price $1,599,000 Includes Real Estate (estimated value $1M)

Metal Fabrication Land and Buildings Included

This is a four-decade old established business which includes valuable real estate and buildings. The owners are now ready to retire and hand this jewel off to new blood. Focus is in metal fabrication. 50% of work is for long term Industrial clients. The remainder is custom metal work. During 2020 when many businesses struggled and closed this business remained strong. 2020 was actually a better year than 2019. Solid staff in place. Seller is willing to train buyer. Inventory is ''just in time'' thereby reducing working capital needs.
Real Estate has a recent appraisal and is estimated to be worth $1M.
For additional information, please contact Anthony Rigney at 904-725-7677

Employees: 5
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Competition:
There are two local businesses that currently provide similar services. They both can fabricate some of the product type but cannot match the full range of services and capabilities of this business.

Growth & Expansion: There are opportunities for possible growth around the central Florida area with current customers expanding their production.

Support & Training: 2 Weeks at No Cost. A longer period can be negotiated if necessary.
Skills/License: Industry experience a plus. No licensing required.
Reason for Selling: Retirement


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $1,041,560
Cash Flow:   $290,891
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $216,450
Seller Financing:  Not Disclosed

About The Business

Year Established:  1980
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Management Training and Support:  2 weeks at no cost
Reason For Selling:  Retirement




Print Listing Id: 700360080


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Also See: Franchise Opportunities > Franchise Resales > Florida Businesses For Sale > Florida Franchises For Sale > Florida Business Brokers



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