MergerPlace

Metals Cutting Bending Welding Job Shop

Iowa (Black Hawk)


  • Asking Price: $495,000
  • Gross Income: $639,417
  • Cash Flow: $144,248
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $75,000
  • Listing ID: #206344
  • Established: 1956
  • Employees: 5 FT/ 1 PT

Business Description

Long established, absentee-owned, aluminum, stainless, steel & copper fabricator and small quantity metals supply business with diversified, repeat customer base. Capable team in place. Confidentiality nondisclosure agreement and buyer qualification required.


Business Details

Primary Business Category: Manufacturing - Machinery
Location: Iowa
County: Black Hawk

Company Information

Year Established: 1956
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 5 FT/ 1 PT

Financial Information

Asking Price: $495,000
Gross Revenue: $639,417
Cash Flow: $144,248
FF&E: $75,000
Seller Financing Available: Yes

Property Information

Facilities:

Commercial buildings, suitable for this type of business with sufficient parking, access and room to grow. 16,000 square feet more or less of shop and warehouse space with high clearance, three loading doors, 220-volt, suspended radiant gas heat, air-conditioned office and more. Real Estate available lease or available in addition to the offering price.

Growth & expansion opportunities:

An owner-operator may save on payroll for improved earnings or enhance revenue and earnings. The company’s strong customer base, established capabilities & outstanding reputation present strong foundation to expand revenue through the investment of time, attention & capital in human resources, marketing & working capital.

Competition:

This is a firmly established business with repeat clientele from a diversity of industries and no client concentration. The business serves clients in Iowa, Illinois, Wisconsin and Minnesota. Opportunities could be realized from focusing on niche services with few local competitors and continuing to cultivate established clients with personalized attention and service through the existing employees.

Reason for selling:

Retirement planning.

Support & Training:

Will train for 2 weeks @ no cost. This is a long-established, absentee-owned business. The business has experienced, capable employees. The owner will be available for up to 2 weeks training at no additional cost. Additional training & support would be negotiable.

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Business Listed By:

Brian Brown

Murphy Business Brokers