SOLD/PROFITABLE METAL FABRICATOR (7081)
Location: Michigan
Industry: Manufacturing > Metals Components Manufacturing
Financials
Asking Price: $1,750,000
Gross Revenue: $3,800,000
Gross Revenue Comments: Estimated 2007
Cash Flow: $425,000
Cash Flow Comments: Four year avg EBITDA
Inventory: $250,000 (Included in Asking Price)
FF&E: $500,000 (Included in Asking Price)
Real Estate: $1,500,000 (Not Included in Asking Price)
Seller Financing: Some Seller financing may be available to qualified buyers
Business Summary
The Company, established in 1976 has three buildings with a total of 25,000 square feet. Its 30+ employees build assemblies, large and small fabrication, structural steel, sheet metal works and machining for the automotive and non-automotive industries. It has a four year avg EBITDA in excess of $425,000.00.

The Company boasts of strong manufacturing capabilities with the latest in production equipment. Cad/Cam work stations coupled with CNC punching, burning, and machining insure the highest quality and consistency. The Company’s abilities for precision machining, punching, plasma burning and welding extend to stainless steel and aluminum.

Note: The 1.75 million dollar sale price includes all operating assets as well as $250,000 of inventory and $500,000 of net receivables over payables.

SERVICES:

Project Management
Certified Welding
CNC Equipment
Complete Machining
Laser/Plasma Cutting
Press Brake Equipment

Key Facts
2006 Revenue – 60% Structural, 35% Conveyors, 5%
ISO 9000 Certified
Q-1 Ford Motor Company Certified
Vendor numbers with GM, Ford and Chrysler
About the Business
Year Established: 1976
Employees: 30 full time -
Facilities: Three builidings with a total of 25,000 sq ft. The buildings are available for sale or lease. The sale price is $1,500,000. The property is available for lease at $12,000 per month triple net for a 5 year term.
Market Outlook and Competition: The Company is proud of its strong ties to clients and its reputation for excellent pricing and superior client service. Evidence of these relationships is shown in a 100% rate of repeat business.
About the Sale
Management Training and Support: Management will remain through a reasonable transistion.
Reason For Selling: Owner is interested in near term retirement and a sale now to a well capitalized "industry savvy" acquirer would benefit both himself and employees.

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Listing Tools
BizQuest ID:869116
Seller ID:7081
Business Listed By
Name:Jim Hines
Company:Company Connections, Inc.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.