Business Overview

Fantastic opportunity to own a very profitable business with an established track record for quality and service. This outstanding business offers custom fabrication, MIG and TIG welding, waterjet cutting and a full array of CNC, Machine Shop and Precision Fabrication service for a customer base throughout New England offering a dedicated work force and excellent growth potential. Real Estate available for purchase or lease.

Financial

  • Asking Price: N/A
  • Cash Flow: $377,800
  • Gross Revenue: $1,730,000
  • EBITDA: N/A
  • FF&E: $536,000
  • Inventory: $55,000
  • Inventory Included: Yes
  • Established: 1998

Detailed Information

  • Property Owned or Leased:Own
  • Property Included:Yes
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:9
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Commercial building

Is Support & Training Included:

As needed

Purpose For Selling:

Retirement

Additional Info

The venture was started in 1998, making the business 24 years old.
The transaction will include inventory valued at $55,000, which is included in the asking price.

The company has 9 employees and resides in a building with estimated square footage of N/A sq ft.

Why is the Current Owner Selling The Business?

There are all kinds of reasons why individuals resolve to sell companies. Nonetheless, the true reason vs the one they tell you may be 2 absolutely different things. As an example, they may say "I have way too many various commitments" or "I am retiring". For lots of sellers, these reasons stand. But, for some, these may just be reasons to try to hide the reality of altering demographics, increased competitors, recent decrease in incomes, or an array of other factors. This is why it is really important that you not count totally on a seller's word, yet rather, use the vendor's answer along with your total due diligence. This will repaint a more realistic image of the business's present scenario.

Existing Debts and Future Obligations

If the existing business is in debt, which many businesses are, then you will need to consider this when valuating/preparing your offer. Numerous companies borrow money so as to cover items like supplies, payroll, accounts payable, and so on. Remember that sometimes this can mean that earnings margins are too small. Lots of organisations fall under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may additionally be future commitments to consider. There may be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that need to be satisfied or may result in penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the area bring in brand-new consumers? Often times, operating businesses have repeat clients, which form the core of their day-to-day earnings. Particular aspects such as brand-new competition growing up around the area, road building, and also staff turnover can influence repeat clients as well as negatively impact future incomes. One crucial point to think about is the location of the business. Is it in a very trafficked shopping center, or is it hidden from the highway? Undoubtedly, the more people that see the business on a regular basis, the better the opportunity to construct a returning consumer base. A last idea is the basic location demographics. Is the business placed in a largely inhabited city, or is it located on the outskirts of town? Just how might the regional mean household earnings influence future earnings prospects?