Metal Fabrication With Real Estate

www.GlobalBX.com

Listing ID: 700360080

Listing Title: Metal Fabrication With Real Estate

Quick Link: http://www.globalbx.com/listing.asp?bId=360080

Industry: Manufacturing

Industry Segment: Metals Manufacturing

Country: United States

State / Province: Florida

Area

City: Hernando

Asking Price Range: $1.0M - $2.5M

Gross Revenues: $1,041,560

Cash Flow: $290,891

Cash Flow Type: Sellers Discretionary Cash

Year Established: 1980

Number of Employees: 4 - 5

Business Description:
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



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