Metal Fabrication

Ref ID: 1038SOLD

Industry
Sold Listings

Financial Information

Asking Price: $ 1,500,000
Annual Receipts: $ 975,000
Cash Flow:
Sellers Discretionary Earnings		 $ 459,000
FF&E (Included): $ 705,000
Inventory (Included): $ 50,000
Real Estate Available: Yes
Value of Real Estate: $ 1,200,000

Business Summary
This very well established Structural Steel Fabrication and Machine Shop company has numerous long term repeat customer relationships. It has a healthy backlog of business on the books and and sales are increasing with new product development. The company has an AISI (American Institute of Steel Construction) certification. It has low working capital requirements because many of the customers supply the material and the company supplies the labor only. The business is within 25 minutes commute of two major residential areas. The purchase of the business and real estate, valued at $585,000 and included in thje price, can be financed with an SBA loan and minimal downpayment as well as seller financing to a qualified buyer.

Facilities 18,000 square foot well equiped fabrication and machine shop operation located in three buildings with plenty of outside space.

General Information

Reason For Sale: Retirement
Franchise: No
Homebased: No
Relocatable: No
Year Established: 1977
Year Acquired: 1977
Employees: 9

For more information, please contact:
Sunbelt Atlanta
Ray Boreham, CBI
Phone: 770-936-9099
Fax: 770-936-0405
rboreham@sunbeltatlanta.com

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