Well Established & Equipped Welding Fabrication Shop Servicing Midwest

Medina County, OH

Welding Fabrication Shop

Asking Price:$368,000

Cash Flow:$75,000

Gross Revenue:$323,000

EBITDA:N/A

FF&E:$475,000

Inventory:$10,000*

Rate/Sq. Ft.:$6.56

Established:1944

*not included in asking price.

Well Established & Equipped Welding Fabrication Shop Servicing Midwest

Get Financing Save Print Share Valuation Report

Business Description

Well Established (founded in 1944; acquired by present owner in 1985) Welding & Fabrication Shop. This a leading custom welding and fabricating shop serving North East Ohio, providing its customers with competitive costs, quality products, specialized service, and on-time delivery.

The owner is keen in operating a well organized welding and fabricating facility., aiming to accommodate the needs of its customer regardless of the size or type of job. Typically like to produce it all under one roof.

This business' fabrication plant is equipped with state-of-the-art machinery and equipment. They provide a full range of welding processes which enable them to fabricate carbon steel, stainless steel, and aluminum material.
It is worth noting that its capabilities include: CNC plasma cutting, shearing up to 1/2 inch, a 14 foot Cincinnati 350 ton brake press for bending metal, rolling metal up to 1/4 inch by 8 foot, a 50 ton iron worker. Last but not least, this plant has a 10 ton overhead bridge crane and Air Conditioning for special fabrication needs.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
6,400
Lease Expiration:
9/30/2021
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This is a business with well equipped with state-of-the-art equipment and facilities that is capable of servicing its customers who requiring world-class fabrication and workmanship. It is worth noting that it has a 10 ton Overhead Bridge Crane; a CNC Burning (100 amp for up to 1" thickness) table linked to CAD; AutoCAD; a Cincinnati 350 ton Brake Press; Geka 55 Ton Iron Worker; Rolling Machines; etc. Additionally, it has AirConditioning Capabilities for down of 50 degrees Fahrenheit cooling for special government work. The plant is located to an easily accessible suburban location.
Competition:
The Welding and Fabrication business is competitive. Nonetheless experienced operators with well equipped shop and a well recognized name behind they be very competitive. This business has serviced over the years about 3,200 customers. The business flyer of this advertisement shows a map with the geographic distribution of the 3,200 customers (approximately) serviced by this business over the years (one flag per county).
Growth & Expansion:
The area chart shown in the first page of the business flyer attached to this advertisement shows a sales history by customer since 2005. In the earlier years the Seller had 3-4 employees. After the 2008-9 recession he started working by himself and a part time office worker. This is because he does like to supervise many people under him.
Support & Training:
Seller will train as necessary. In addition, he might be open to doing sales and biddig work for the new owner.
Reason for Selling:
After 40 years in this business the Seller is ready to pursue new interests.
Business Website:
http://www.to.be.disclosed.in.due.time.us

Listing Statistics for Premium Members

Ad#:1306980 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

(from currently available funds)
 
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

Elias E. Ladon

Business Listed By:
Elias E. Ladon

Enterprise Development Resources, Inc.

Show Phone Number

View My Listings

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. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Indicates membership in the Ohio Business Brokers Association (OBBA).

Find out more...

Get more details about this business.


Similar Listings