Business For Sale Listing 153286
Custom Metal Fabricator
Status as of Dec-1-2008 at 06:00 PM: Off The Market
Business Summary
The owner for the past 5-1/2 years of this 20 year old fabricating business, which specializes in custom automotive aftermarket components, loves his business; however a combination of a young family and increased business travel required by his “day job” necessitates that he offer his successful business for sale.
Operating out of an attractive, newer rented 1200 square foot facility on a month to month basis at only $600 per month, the business can remain in its current location in suburban Grand Rapids or it can easily be relocated.
Even with the seller’s reduced time and energy commitment to his business, revenues over the past three years have averaged $165,000 with over a $30,000 annualized cash flow. This intriguing opportunity could be perfect for (a) someone wanting less than a full time business, or (b) the “go-getter” interested in growing and expanding. The owner works part time in the evenings and weekends and uses one or two outside part time employees when the workload requires additional help.
The business currently specializes in Fiero parts with most orders received through the business’s website. The company also makes custom suspensions for full size Chevrolets; and the seller has recently invested $35,000 in new fixtures and equipment to fabricate for the following models: Honda, Monte Carlo, Cutlass, Grand Prix, Cavalier, and Sunbird.
The business is being offered for sale for $179,000. The price includes $10,000 of inventory, $70,000 of fixtures, $35,000 of machinery and equipment, and the website. In addition, the seller will carry a meaningful seller note for a qualified buyer.
If you are interested in cars and/or custom fabricating, this could be a terrific opportunity for you to become an instant player in the world’s largest marketplace. For more information on this exciting and reasonably priced business, please call.
Categories
| Industry: |
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| Location: |
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| Other: |
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Industry
Location
Financials
| Sales: |
Between $100 Thousand And $500 Thousand (165,000) |
| Profits: |
Under $100 Thousand (30,000) |
| Profit Type: |
Cash Flow |
| Fiscal Year: |
2007 |
| Asking Price: |
Between $100 Thousand and $500 Thousand (179,000) |
