New England Based Full Service Metal Fabrication Company

CT (Relocatable)

Seller Financing Available
New England Based Full Service Metal Fabrication Company

Asking Price:$3,100,000

Cash Flow:$987,093

Gross Revenue:$4,496,997

EBITDA:N/A

FF&E:$750,000

Inventory:$151,197

Real Estate:$980,000*

Established:1978

*not included in asking price.

New England Based Full Service Metal Fabrication Company

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Business Description

Great Cash Flow - 4 Decades Of Stellar Reputation

Our client is a New England Based Full Service Industrial Metal Fabrication Company with a wide range of production capabilities, serving a variety of industries. They have a solid reputation for providing quick and reliable turnaround on projects. They have been selected to work on large industrial contracts, as well as commissions by artists, schools and organizations, and replication of components for historical landmarks. Their talented, service-oriented team partners with customers on design, problem-solving, reverse engineering (when necessary), fabrication and installation planning. The company boasts low employee turnover, with certified welders and other skilled craftsmen are on board. The synergy between their highly trained workers and a commitment to stellar customer service has lead to a high rate of repeat business

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
N/A
Employees:
25
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The company has hard assets including all punching & notching, rolling, welding, milling, lathes, sheers, sandblasting, grinding and other miscellaneous equipment included in the sale. The company’s intellectual property including, but not limited to, trade name, web domain, customer lists and records are also included in the acquisition price. A complete facilities list will be provided at a later stage of inquiry. Management estimates the value of the equipment to be approximately $750,000. The company operates out of a central building containing 15,000 square feet of manufacturing space. Additionally, there is a 2,600-square-foot, two-story office building as well as a 3,200-square-foot outbuilding that supports the operation. The building is currently leased from a separate corporation owned by the same shareholders. While the building is not included in the purchase price, it is available for sale at $980,000.
Competition:
Our client company has a stellar reputation throughout New England, but also sells nationally. They are well known and respected for not only their industrial work, but for their historical restoration work on nationally recognized sites. The company is one of only 4 major players in the region. They provide full service, on-time delivery and a high quality product. They do not widely promote these benefits through social media and other consumer educational channels. Doing so would allow new ownership to increase market share. The company is well positioned in the industry and well respected in the community.
Financing:
Partial Seller financing is available to qualified buyers
Support & Training:
The Sellers will remain for training and transition with the younger of the two owners willing to remain for 3-5 years under a work contract.
Reason for Selling:
Retirement

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Frances Brunelle

Business Listed By:
Frances Brunelle

Accelerated Manufacturing Brokers, Inc.

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities.

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