37596-Licensed Customized Welding & Steel Fabrication Ser.

AZ

Seller Financing Available
37596-Licensed Customized Welding & Steel Fabrication Ser.
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Asking Price: $2,100,000

Cash Flow: $412,000

Gross Revenue: $1,594,317

EBITDA: $321,707

FF&E: $272,816

Inventory: N/A

Established: 1972

37596-Licensed Customized Welding & Steel Fabrication Ser.

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Business Description

Manufacturing facility in Northern Arizona provides custom-designed welding for house trims, art décor, spiral staircases and vehicle toolboxes; as well as high-end built, ornamental wrought-iron work and general repairs for security fencing, gates, ramps/racks, doors, and structural fabrication for residential or commercial applications. With a Class CR-56 Specialty Dual License and a two-year warranty on its services, the company operates from a 7,500-square foot warehouse used for production and administrative space, plus includes two outdoor areas for cutting and painting. Proprietor is open to negotiate a lease of location to buyer, as it is in excellent condition, zoned for industrial use, and is capable of handling additional capacity. Company’s tools, equipment, storage yard, vehicles and personnel with industry experience have reputed a track record supported by 47 years of ongoing business since its inception in 1972, and then acquired by seller in 2004. The 70% bulk of their revenue comes from local contractors who become repeat customers and loyal referral sources. Their niche’ range of products are promoted though marketing efforts that focus on targeting new clientele using advertisements in DexKnows, the Yellow Pages and BUILDZOOM. Company has thrived under limited competition and reputation for being the best in the region, as a local steel vendor within county saves them big money on expenses. As a favorable consequence, income has been steadily increasing over the past years due to an improving local economy and a receivable turnover of approximately 10. 2018’s total revenue was $1,594,317 with rounded Seller’s Discretionary Earnings of $412,000.

Detailed Information

Inventory:
Included in asking price
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Support & Training:
Negotiable
Reason for Selling:
Approaching retirement
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IAG Buyer Division

Business Listed By:
Buyer Division

IAG

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