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Specialty Metal Fabricating Business

VA

Specialty Metal Fabricating Business

Asking Price: $875,000

Gross Income: $631,000

Cash Flow: $177,000

EBITDA: N/A

FF&E: $250,000

Inventory: $10,000*

Real Estate: $400,000

Established: 1984

Employees: 6

*not included in asking price.

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Business Description

Unique and very profitable business in fast-growing Middle Atlantic market. Sole service and fabrication supplier in area. Major customers include agriculture and poulty industries as well as specialty boat yards and state department of transportation. Currently has $200,000 in business already contracted for 2005.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Very high visibility, 3.3 acres with frontage on major north-south highway with access from both directions. Includes two 2520 square foot metal buildings, concrete floors, overhead doors, loading facilities
Competition:
No competition in immediate market. Specialized services with long-standing, loyal customers including major poultry industry giants.
Growth & Expansion:
Owner has done no marketing and has refused work from any source more than 50 miles away. Tremendous opportunity for expansion.
Support & Training:
Owner will provide all training and be available indefinitely. Will consider staying with company on a limited basis.
Reason for Selling:
Owner ready to slow down. Has worked and built the business for 20 years.
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Ad#: 144939

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Joseph Caffrey

Business Listed By:
Joseph Caffrey

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