High End Metal, Woodworking, Cabinetry Fabricator - 35264 Business Type: construction building,construction special trades,electronics & technology,engineering & accounting services,interior decorator/design,misc. construction/non-classifiable,misc. service/non-classifiable,non-classifiable establishments,other business services,owner financing available,mfg businesses
Acted as the Advisor to the Deal
Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $2,100,000 | Down Payment | $1,050,000 |
Gross Revenues | $4,852,686 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $832,535 | Number of FT Employees | Register Free to View |
Financing
$1,050,000 Down and $1,050,000 over 7 yrs. @ 6.5%
Business Description
High-End Metal and Woodworking Fabricator This manufacturing business has been family owned and operated for over 40 years. They specialize in all phases of custom fabrication and installation for major department stores nationwide, office space interiors, restaurants, local retailers, kitchens and cabinets. The business has seen steady growth since 2020, with gross sales of $4.8 mil in the most recent year and growing. In fact, they have been forced to turn away work recently due to the heavy demand. The owner’s cash flow was over $832K for the most recent fiscal year. These are verifiable financials. In fact, the books are so good that the business has been SBA pre-qualified! This may be the most impressive fabrication shop I have ever seen. It is a sprawling 22,300 sf with every conceivable piece of equipment you would ever need, mostly custom built. The equipment alone is worth over $1 mil. It includes everything from a Holzher Edgebander and Holzma Beam Saw to a glass machine and a fully vented spray booth. After a very long and successful run, the owners have finally decided to retire. There is tremendous upside in this industry for a buyer with some vision and energy. For a seller financed deal, we are seeking a serious and financially qualified buyer with at least $1,050,000 in liquid funds, plus additional working capital and capital to cover closing costs. The ideal buyer would have experience in woodworking, metal, glass, and/or cabinetry and millwork. Proof of funds and a brief bio/ CV will be requested before any buyer or seller calls or meetings. All meetings must be made by appointment only! To learn more, please call, text, or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com.
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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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