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Profitable Custom Sheet Metal Business
Location: United States -> New Jersey
Industry: Manufacturing > Metals Manufacturing




Business Summary

This well established custom metal fabrication company has been in business for over 55 years and is known in the industry as an outstanding custom metal fabricator. They provide custom lighting, computer cabinets, portable audio racks, etc. Since their work is custom, their profits are solid. The majority of their sales is repeat business and often don t ask for prices but instead are interested in when the work will be completed. The facilities allow for the new buyer to use a small portion of the 28,000 sq ft available then lease additional space as the demand for space increases. If you currently in the metal fabrication, then this is the perfect acquisition to grow your sales and margins. Historical Summary The sales have been consistent for the last five years since the business is based on long established customer relationships. Owner Qualifications Should have some manufacturing or sheet metal experience. Competition The Company has limited competition in the small run custom fabrication market. Potential for Growth Additional sales and marketing should increase sales since the company currently generates sales by reputation and word of mouth. Facilities & Locations Commercial one story building with a total of 78,000 sq ft. The Company uses 15,000 sq ft with other tenants using the rest of the building Contact for more information on this Custom Sheet Metal business for sale.


Financials

Asking Price Range:  $500K - $1.0M
Gross Revenues:   $1,200,000
Cash Flow:   $223,000
Cash Flow Type:  Sellers Discretionary Cash
Seller Financing:  Yes

About The Business

Year Established:  1960
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  Owner will stay on for up to 1 year.
Reason For Selling:  Owner wants to retire.




Print Listing Id: 70075465


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