Welding & Metal Fabrication Business - 11416 Business Type: construction building,construction heavy,construction special trades,misc. construction/non-classifiable,mfg businesses,misc. manufacturing/non-classifiable
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $199,000 | Down Payment | $140,000 |
| Gross Revenues | $461,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $102,906 | Number of FT Employees | Register Free to View |
Financing
$140,000 Down and $59K over 3 years @ 8%.
Business Description
Welding and Metal Fabrication company that has been family owned and operated for over 30 years. They specialize in resistance spot welding (of aluminum, steel, stainless steel, brass) precision heli-arc welding, silver brazing and basic metal fabrication. In the past 12 months they have grossed approx. $461,000.00 with a net of approx. $102,906.00. This business is generated from 50 currently active accounts and occasional overflow work from precision sheet metal fabricators. Almost all customers are from Nassau & Suffolk Counties. The current owner is willing to stay on part-time after the sale if the new owner would like. We are looking for a serious and qualified buyer with experience in this industry. The current lease for the warehouse space will be expiring within 1.5 years and the shop will need to be relocated. Call Mel Vaz today to learn more!
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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