Asking Price: $265,000 Gross Revenue: $223,000Cash Flow: $108,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $7,500 included in asking priceFF&E: $106,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Premier machine, welding and fabricating facility located in the same location (Honokohau Harbor) for the past 36 years right in the heart of the dry dock area of Kona's Gentry Marina. Almost 4 decades of extremely successful operations and historical profitability. , A machinists DREAM facility at the perfect location, 100% turn key. Sandwiched between a Marine Supply store and hundreds of boats (a bustling marina). Literally, the customers come right to your front door....ZERO advertising to generate these revenues by an owner who has scaled way back and is ready to retire. Bring your skill set and a strong down payment and start making money today!
About the Business
Kailua Kona, Hawaii
Number of Employees:
Building Sq. Ft.:
$1,950.00 Per Month
Although listed at 1250 sq. ft., there is a second floor (30 ft. ceilings) plus an office area in addition to outdoor work/storage areas making this facility much, much larger than stated. Literally, a machinist's dream facility...Everything a machinist needs: Lathes, Presses, Saws, Benders, Sanders, Welders/Torches, Cutters, Tool's galore... all are in perfect working order and neatly organized. There is a 3 page Asset List which includes everything a working machine shop needs, it's already in place! Easy lease assignment/transfer. If you have the skill set to fabricate metals, your income is only limited by how many jobs you want to perform. If you decide to hire additional techs, you will only grow the revenues...the work is stacked up year after year.
None anywhere near the Marina- It's all about the Location, Location, Location!
Growth & Expansion:
The Owner is almost 70 years old and has scaled back his hours of operation and is accepting only a fraction of the work that is available to him. He closes the doors and spends several months a year at his retirement home in Alaska. Utilize this shop as it was intended, by being open full-time, 12 months of the year. Use the incredible equipment that's in place, work full time and hire an apprentice (or two) and start cranking out the work that is pounding at the door. This is an amazing ongoing business with a huge customer base and a following of hundreds of satisfied repeat customers.
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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
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