Active
Structural Steel & Ornamental Iron Fabricator 2-7 Story Buildings
46 years in business - owner is retiring.
Non-Union Shop
$6 M in Sales (based on 12 trailing 9/1/20-8/31/21)
$580K in Equipment
$150K approx. Inventory
10,800 sq. ft. of production and office space on 20,000 sq. ft. property
34 employees
Specializing in gates, guard rails, hand rails, awning, stairs, balcony rails, trellises, and fencing.
- Experience Estimating Department and job-site management
- Most products are fabricated in house and shipped for installation.
- Huge opportunity for growth with additional installers
Listed By: Carol Bennett
Background information
Reference:
47359
Year established:
1972
Reason selling:
Retirement
Finance
Sales:
$6,000,000
Profits:
$500,000
Profit type:
Discretionary Earnings
Operations
Employees:
34
Equipment:
$580K book value
Inventory:
$150K at cost, varies with workload.
Premises
Facility:
10,800 office building with warehouse
Square footage:
10800
Rent and lease terms:
5 years, additional time negotiable.
Location:
Fresno County
Opportunities
Market:
California
Price and terms
Price:
$2,000,000
Financing:
Reasonable Owner Financing available.
Training:
Yes, 4weeks, 20 hours/week. Will consider staying on as a consultant, and as an RME, allowing the Buyer time to get the proper license and to help with marketing, at an agreed upon price, after the training period.