Metal Fabrication Business

Business
  • Listing# : 16128
  • Listed Price : $400,000
  • Total Sales : $697,912
  • SIC : 3448
  • Down Payment : $400,000
  • Status : Active
  • Discretionary Earnings : $195,329

Business Type :

Machine Shop / Machine Shop/Metal

Business Description :

When this business was opened in 2009, it experienced growth immediately.  According to IBISWorld reports, the Metal Fabrication Industry is $4.4B industry.  Fabricated structural metal products represent 29.6% of that industry. This business fabricates and welds metal structures that are used in the building industry.  Until the last 2 years when the owner sustained injuries from auto accidents that prevent him from taking certain type projects, the business was growing steadily year over year.  The demand and work is there as there are a limited number of businesses that can do this specialized metal work.  The business is priced at essentially the value of the Furniture Fixtures & Equipment.

Assets/Liabilities:

    • Accounts Receivable $0
    • Incl :
    • Real Estate $0
    • Incl :
    • Inventory $20,000
    • Incl : Yes
    • Liabilities $0
    • Incl :
    • FF&E $400,000
    • Incl : Yes
    • Other: $0
    • Incl :
    • Leasehold $50,000
    • Incl : Yes
    • Total Assets $470,000
    • Incl : Yes

Lender Prequalified: No

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Machine Shop