Metal Fabrication business with Niche products
Worcester County, MA
Sale Pending
| Asking Price: | $1,950,000 |
| Gross Revenue: | $1,700,000 |
| Rent: | $76,700/Year |
| Established Year: | 1992 |
| Cash Flow: | $805,000 |
| Inventory: | $150,000 |
| FF&E: | $350,000 |
Listing ID: 2255289Listing provided by BizBuySell
BUSINESS DESCRIPTION
With a profitable history of over 30 years, this company has established a strong reputation for consistently delivering high-quality parts to a loyal customer base. Specializing in fabricating turbine components for the aerospace sector, the company's products are in constant demand, ensuring a steady stream of recurring orders.
This business would need an experienced hands-on owner or a roll up to an existing larger metal shop. Not appropriate for a financial buyer.
DETAILED INFORMATION
Location
Relocatable
Inventory
Included in asking price
Real Estate
Leased
Building SF
26,000
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Although a Buyer could operate the business in its current location with the existing equipment, it is anticipated that the company and its clients may be best served by rolling the business into a larger facility with excess capacity to grow the book of business. An existing Metal Fab business rolling these sales should experience an increase in profits by eliminating and reducing redundant expenses. Further opportunity exists to grow the book of business because the company has historically turned down larger projects.
Competition
There is a sizable market both with current customers and with potential new customers. They current do no sales activities and, in many instances, turn away work.
Growth & Expansion
Quote on all incoming opportunities, reach out to current customers, ask for more business, design website, etc.
Financing
Seller is open to financing a portion of the sale to the right buyer. SBA financing
Support & Training
One of the owners who is capable to do all aspects of the business is willing to stay on for a number of years if needed.
Reason for Selling
Retirement
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