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30+ Yr Old Fully Licensed Structural Steel Fabrication Company
| Asking Price: | $700,000 | Inventory: | |
| Gross Revenue: | $768,000 | Real Estate: | n/a |
| Cash Flow: | $352,000 (comments below) | FF&E: | $150,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Cash Flow Comments: SDE | |||
Established for over 30 yrs in the North L.A. County/Santa Clarita Valley area! Owner looking to move in another direction/industry. Specializing in structural steel fabrication, wrought iron gates & fencing. Custom fabrication of special wood beam hangers. CERTIFIED steel decking installers. Installation of roof decking and floor decking. Certified welders for on-site and off-site welding. LA County fabricators licensed to work on city, state and fed projects. Licensed C-51 structural steel & C-60 welding. Current holder of 10 patents. 4 full-time employees. 6,000 sq ft location at $3,250/month w/1 yr remaining & 5 yr option to renew. 18+ major accounts. Over $150k in equipment included in sale. 2009 adjusted gross earnings = $768k. 2009 adjusted/projected SDE (Sellers discretionary income) = $352k. ASKING PRICE = $700K. Please call Jeoffrey De Waele for more information. 818-264-8855.
About the Business
Year Established:1980
Employees:4 full time -
Facilities:6,000 sq ft location @ $3,250/month w/1 five yr option for renewal
Market Outlook and Competition:Limited competition in this industry
About the Sale
Management Training and Support:AS NEEDED
Reason For Selling:Moving into different industry
KEYWORDS: Steel fabrication, custom metal fabrication, steel, custom steel, custom, fabrication, welding, welding company, custom steel company, construction, sub contractor,
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Industry: Manufacturing
Segment: Metals Components Manufacturing Next Listing: Aerospace/Defense & Medical CNC Machining ISO Certified
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