Projection & Spot Welding Company

Macomb County, MI

Projection & Spot Welding Company
Contact Seller

Asking Price: $1,060,000

Cash Flow: $315,542

Gross Revenue: $592,035

EBITDA: N/A

FF&E: $259,428

Inventory: $2,500

Real Estate: $610,000

Established: 1983

Projection & Spot Welding Company

Save Print Share Valuation Report

Business Description

The business was in continuous operation for 34 yrs and one of few 2nd tier companies to survive and thrive several economic downturns. Besides projection & spot welding, they provide custom solutions for projects requiring unique tooling, machining, R&D, and prototyping. Customers include transportation, auto, agricultural, government and building trades. They have $200,000+ in well maintained equipment. Purchasers must be familiar with this trade and ready to replace several retiring family members. There is excess capacity in the shop and offices areas. Suitable buyers must be experienced in this industry. A complementary business requiring additional produce space is ideal.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
17,000
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
2 story cinder block: main floor 9ft lobby, 17,000 18ft manufacturing, several work & storage areas + 3,200 addition two 18' bay doors. Second floor 1,792 with full kitchen, restrooms, large office and lounge areas. Area behind the building to expand.
Competition:
This company has survived and thrived through several economic downturns including the automotive bailout. They are well known with a great reputation in the industry.
Growth & Expansion:
The best opportunity for growth is through the addition of a complementary business or a more aggressive sales strategy.
Financing:
Buyer must purchase the building
Support & Training:
Owner will share how to run & grow the business for a negotiated period of time. Buyer must have required welding skills or have a suitable/component replacement.
Reason for Selling:
Retirement
Business Website:
http://www.classicwelding.com
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Tanya Popov

Business Listed By:
Tanya Popov

INIX Business Brokers

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.

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1425641 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


Window Genie

Franchise Opportunity
Capital Required: $90,800