Fabricator of Parts & CNC Machining

Columbia, SC (Richland County)

Parts Fabricatgor

Asking Price:$4,500,000

Cash Flow:$712,327

Gross Revenue:$6,012,148





Fabricator of Parts & CNC Machining

Get Financing Save Print Share Valuation Report

Business Description

Highly Profitable Fabricator & Machining Material Handling Parts

Fabricator of Parts and CNC Machining that are mostly heavy gauge steel and plate boring, There are 18 active customers. The largest customer is a significant portion of the business (approximately 80%) and they are a fork lift material handling related company. Most all of the parts made by the company are quite heavy and are not subject to having to compete with pricing from China due to the transportation costs.

Total Square Footage is approximately 25,000 to 30,000 but this number needs to be verified. During the fourth quarter of 2013 the Seller added about 3,500 SF of manufacturing space by adjoining the two buildings he had. He also added another 3,500 more SF for warehouse/storage. There is no formal appraisal on the real estate but it is believed to be approximately $1 Million. The business is located about a mile off the interstate in a nice industrial park. The Seller owns the real estate personally and leases it back to the business. He does have a preference to sell the business and real estate together as a package. The business has operated at this location since 2009. The estimated fair market value of the equipment is approximately $900,000

The Seller does prefer a stock sale since he is a “C” Corporation and would be subject to double taxation. The Seller’s CPA is aware that the business is being marketed for sale and is knowledgeable about the Seller’s business and will play a role in the sale process. Additional Information: Please contact the listing broker, Bill Law at 704-644-1141 or email bill@sunbeltbrokers.biz

Detailed Information

Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
25,000 sq. ft. building; available for lease or purchase
Support & Training:
Seller will negotiate a transition period
Reason for Selling:
Exit Strategy

Listing Statistics for Premium Members

Ad#:1219242 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's terms & conditions before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Bill Law

Business Listed By:
Bill Law

Sunbelt Business Brokers Charlotte

Show Phone Number

View My Listings

Find out more...

Get more details about this business.

Similar Listings