71228-Machine Shop, Sheet Metal Fabrication & Design

NY

71228-Machine Shop, Sheet Metal Fabrication & Design
Contact Seller

Asking Price: Get Financing: $2,200,000

Cash Flow: $238,000

Gross Revenue: $1,690,000

EBITDA: $170,000

FF&E: $1,200,000

Inventory: N/A

Lease Rate: $2 /SF/Month

Established: 1996

71228-Machine Shop, Sheet Metal Fabrication & Design

Get Financing Save Print Share Valuation Report

Business Description

Servicing Upstate New York, this specialty manufacturer provides machine shop and fabrication of sheet metal, prototype design, and welding services. This includes, but is not limited to laser cutting, welding or press brake work. The client list includes companies in the medical, pharmaceutical, and transportation industries. The company purchases inventory from job to job, leaving very little overhead stock to speak of. Offering these services requires a facility with various types of tools and equipment, and skilled craftsman to operate them. The company has a proven track record, supported by it many long term commercial business relationships. Over the past four years, company sales have grown substantially, with sales now over a million dollars. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones.

Established nearly 20 years, the company’s current marketing efforts focus on targeting commercial and industrial industries within a 200 mile radius. However, the bulk of the revenue is from repeat customers and word-or-mouth referral sources. A new owner would do well to set up a company website, maintain continuous advertising or start up a sales program. With management already in place, this company could be operated in a hands-on or absentee fashion, giving the owner the ability to enjoy a flexible schedule and as much control of business activities as desired. Owner financing may be negotiable for the right buyer. Please contact IAG for full details, including location specifics.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
N/A
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The 13,000 square foot facility consists of 600 square feet office space and 12,400 square feet production area. The property is owned with an option to lease or purchase at additional cost.
Support & Training:
While the owners are approaching retirement, the rest of the staff will most likely be willing to stay on after the sale.
Reason for Selling:
Other interests
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

IAG Buyer Division

Business Listed By:
Buyer Division

IAG

Show Phone Number

View My Listings

Listing Statistics

Saved This Listing:
Unlock
Days Active On Site:
Unlock
Appeared in Search:
Unlock
Listing Detail Views:
Unlock


Ad#:1425038 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 of Use before responding to any ad.


Similar Listings