Profitable Semi-Absentee Ownership Established Fabrication Company

Columbus, OH (Franklin County)

Profitable Semi-Absentee Ownership Established Fabrication Company
Contact Seller

Asking Price: Get Financing: $850,000

Cash Flow: N/A

Gross Revenue: $2,100,000

EBITDA: $170,000

FF&E: $450,000

Inventory: $200,000*

Lease Rate: $12 /SF/Year

Established: 1997

*not included in asking price.

Profitable Semi-Absentee Ownership Established Fabrication Company

Get Financing Save Print Share Valuation Report

Business Description

**Listing Is Already Under Contract To Close**What a phenomenal opportunity! This is a gem of a business. Own this 30 plus year old established Metal Fabrication company. How do you like to take over and buy a business with key employees who are in place to help you take this business to the next level. This business boasts an enterprise client list that is coveted by most fabrication shops.

Please understand that there will be a good bit of buyer interest for this business. We are pre-screening qualified business buyers and the best way to get the process started is by you sending email inquiry to Emmet@ConfidentialSale.com to obtain preliminary business buyer process. There has got to be a good reason for you to consider this business and it has to make sense financially for you. There is cash equity that will be required to qualify for SBA financing for this business. Please don't consider that we will entertain any creative financing for this business, simply put cash at closing combination of your liquid equity funds and SBA bank financing. If you need assistance and guidance in how to obtain the required equity funding, email us for discussions on this matter.

The business has pretty much been running without direct owner involvement for the last 2 years and still generates a good amount of revenue and profits. The systems put in place which includes the key staff and employees have allowed the business owner to not have day to day direct operational responsibilities of the business.

A diverse customer base has helped this company weather through both bad and good economic times. It’s a gem of a business operation with a good amount of fabrication assets. Well-trained employees with strong work ethics who have been a mainstay for many years.

Being operated on a semi-absentee basis, this business is turnkey. With 25% down payment and good credit (over 700) allows you to own and take over this business via an SBA loan.

Please understand that this business is for sale on a highly confidential basis and that you will need to financially qualify for the acquisition in order to obtain further information on this business.

Call Emmet at 614-207-0762 or email at Emmet@ConfidentialSale.com

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
19,000
Lease Expiration:
9/4/2020
Employees:
11 with 3 temps
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business operates out of a well-designed fully functional fabrication shop. The owner has invested quite a bit in the build out and construction to provide efficient manufacturing and fabrication process.
Competition:
The business is well positioned in the market and a strategic effort has been put in place to diversify client base. This diversification of the client base allows the business to thrive in either a good or bad economy.
Growth & Expansion:
There is very little web presence for this company. We believe that an enhanced website with robust SEO will assist in the development of new client opportunities.
Financing:
No
Support & Training:
There are key employees in place that have been running the business for many years.
Reason for Selling:
Retirement
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Emmet Apolinario, CEPA, CVB

Business Listed By:
Emmet Apolinario

Sunbelt International

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. Indicates membership in the Ohio Business Brokers Association (OBBA).

Listing Statistics

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


Ad#:1373208 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