Mfg. - Fabricated Metal Products

$Seller Financing Available

Asking Price	$495,000	Inventory	$15,000*
Gross Income	$400,000	Real Estate	$385,000*
Cash Flow	Not Disclosed	Year Established	1977
FF&E	$200,000*	Employees	4 Full/2 Part

* included in the asking price

** not included in the asking price

Complete Marine Sheet Metal Shop with the Real Estate included is for sale. Mobile is booming and with the new steel mill coming into the area the need for this equipped shop is even higher. They are having to turn down work just because the owner does not want to get started again. It does have an operating business that will go to the new buyer, but no value has been placed on the business side, as the owner has been running it at his convenience. The seller has not been active and they are just taking the business that comes in by reputation and word-of-mouth. They have been providing top quality products along the Gulf Coast and can manufacture an extensive line of products for marine, industrial and commercial use. Present work is in stainless steel for the food service industry and some special marine ductwork. Equipment includes a CNC plasma cutter with full software support, 175 ton power press break with a 10"bed, metal shearer, power plate roll, cold cut saw, compressor, fork lifts, several welders, plasma cutter, shop tools and much more. One truck is also included. The Real Estate valued at $385,000 is included in the sale. This is an opportunity to get a complete shop that is ready to manufacture various products with a good customer base and work on the books, and start tomorrow. The owner will assist a new operator in getting known in the industry.

Facilities: 10,250 sq. ft. building; included in sale price

Seller Financing Available: Yes

Financing: Seller will negotiate financing

Support/Training: Seller will provide training

Reason Selling: Health Issues & Retirement