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Business for Sale Summary

Laser Metal Cutting Fabrication - 29210

Business Type: mfg businesses,misc. manufacturing/non-classifiable,primary metal industries,fabricated metal conditions
Laser Metal Cutting Fabrication
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Financial Information (non-confidential)

General Information
Asking Price $699,000 Down Payment $699,000
Gross Revenues $600,000 Lease Remaining Register Free to View
Owner’s Cash Flow $157,751 Number of FT Employees Register Free to View

Financing

$699,000 Down and

Business Description

Huge price reduction for this great business. Just ONE piece of laser equipment is valued at 450,000 ! This specialty business was started over 30 years ago. This company does work for many contractors, metal shops, and businesses that needs metal drilled, cut or bent a special way. There is not a metal project they can't build. The business does contract work, and has many repeat customers they do specialty work for. They cut many materials: wood, plastic, stainless and aluminum. They specialize in laser cutting on a rotary axis, with different angles and channels. This business is literally "on the cutting edge". Their excellent, precise, computerized 3-D laser cutting equipment is top-of-the-line. No competitors in this field for this region. The owners do no marketing and have no website. They pick and choose their most profitable jobs. The owner works the business, and is ready to retire. He is willing to say on for six months to train a new owner. Years ago, the business was much larger. Now, they are focusing on the customers that they like- and that's all. If new owners ran this business to its full capability, profits would double, according to the owner. Owner is at retirement age. Business is closely-tied to a major piece of laser equipment, valued at almost a million dollars. This handles a majority of work done at the facility. Please contact the broker at 1-877-735-5224 for further information.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers. kg

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.