Business Overview

Metal Fabricating Business + Real Estate! This 24-year-old metal & plastics fabricating/manipulating company provides years of experience to the machining industry. Servicing large & mid-sized companies, this company provides accurate quality & timely machined parts for commercial use. They utilize computer numerical control machining centers & turning centers to manufacture engineered prototypes, production runs to parts per sample. The business is in a 17,000 sq. ft. climate-controlled building that sits on 1.25 acres in Dallas County which the real estate is being offered with the business. Appraised value for the building is $2.5M. The staff has long tenure and manages the business due to untimely deaths in two generations in the owner’s family. The current owner is a family member of the founder who has not worked in the business and wishes to sell to future owners whose abilities could grow & expand the business. To receive our Non-Disclosure & Buyer Profile document so that you can receive detailed information on this amazing opportunity, please submit an inquiry through the business for sale website that you are viewing this opportunity or email jeffg@vrdallas.com.

Financial

  • Asking Price: $4,000,000
  • Cash Flow: $467,685
  • Gross Revenue: $2,529,461
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 1997

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:17,000
  • Lot Size:N/A
  • Total Number of Employees:17
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Building is in fantastic shape, located on 1.25 acres and has great access through the large overhead garage doors for semi loading.

Is Support & Training Included:

2 Weeks

Purpose For Selling:

Beneficial family owner does not work in the business

Pros and Cons:

There is competition but this company's core customers rely on them to provide the quality, precise work that they had historically received.

Opportunities and Growth:

Great reputation for precision machine work is the primary reason their customers remain loyal to this business. The building is located in Dallas County, a county that is growing like no other. There is a long runway for growth of the business if a skilled new owner injects time & energy towards expanding the customer base.

Additional Info

The venture was started in 1997, making the business 25 years old.

The company has 17 employees and resides in a building with estimated square footage of 17,000 sq ft.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals decide to sell operating businesses. Nonetheless, the real factor and the one they tell you may be 2 completely different things. As an example, they may claim "I have too many other obligations" or "I am retiring". For many sellers, these reasons stand. But, for some, these may simply be reasons to try to hide the reality of transforming demographics, increased competitors, recent decrease in profits, or a range of various other reasons. This is why it is extremely essential that you not rely entirely on a vendor's word, but rather, use the seller's response together with your overall due diligence. This will repaint an extra sensible image of the business's present circumstance.

Existing Debts and Future Obligations

If the current entity is in debt, which numerous companies are, then you will have reason to consider this when valuating/preparing your deal. Lots of companies finance loans with the purpose of covering items like inventory, payroll, accounts payable, so on and so forth. Remember that in some cases this can indicate that profit margins are too small. Numerous businesses come under a revolving door of taking on debt as a way to pay back various other loans. Along with debts, there may additionally be future commitments to consider. There might be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that need to be fulfilled or might result in fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area attract brand-new consumers? Many times, companies have repeat clients, which form the core of their day-to-day earnings. Certain variables such as new competition growing up around the area, road construction, and also employee turn over can affect repeat clients and negatively impact future profits. One vital thing to consider is the placement of the business. Is it in a very trafficked shopping center, or is it hidden from the main road? Undoubtedly, the more individuals that see the business on a regular basis, the better the opportunity to build a returning customer base. A final idea is the general location demographics. Is the business placed in a largely populated city, or is it situated on the edge of town? Just how might the regional median home income influence future income prospects?