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Welding & Metal Fabrication Business
Suffolk County, NY |
Listing #11416 |
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| Financial Information (non-confidential) |
| Asking Price |
$199,000.00 |
Gross Revenues |
$461,000.00 |
| Down Payment |
$140,000.00 |
Owner’s Cash Flow |
$102,906.00 |
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Financing: $140,000.00 Down and $59K over 3 years @ 8%.
Reason for Selling:Retirement/Change of Pace
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!
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Melvin L. Vaz
Senior Business Broker
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Servicing Area:
All of NY
All of NJ
All of CT
All of MA
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
