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Metal Plating Company Including Real Estate

Metal Plating Company Located in Southern California Asking Price - $9,320,000. Price includes Real Estate valued at $5,120,000. Equipment included in the purchase price valued at $2,800,000. The company was originally started by two partners in 1991 and they operated the company as a proprietorship. They specialized in plating for many different types of small parts for a variety of different industries. In 1997 the current owner bought out his partner and incorporated the business. During this time period the company began doing metal plating for custom wheels. Since then the company has grown significantly and is now known as the highest quality metal plating facility in the area. When the company started doing wheels their first large client was an original equipment manufacturer. Over time they branched out to 3 piece wheels and after market products. The plating process consists of six steps. 1. First the wheel is stripped of any paint or previous finish and hand polished. 2. The wheel is plated in the first nickel bath to give it a strong coating to protect against corrosion. 3. Next a copper plating bath to provide a deep luster and smooth out any surface imperfections in preparation for the remaining baths. 4. The wheel is then hand polished and the copper buffed for smoothness and deep luster. 5. Now the second nickel plating bath adds to the luster in preparation for the chrome 6. Finally the chrome plating bath gives the wheel a deep smooth luster. The company also has the capability to do black chrome plating. The company has received SBA pre-approval for a combination of 7A (business acquisition) and 504 (real estate) combination financing. Pricing for this company includes the real estate, all equipment, and accounts receivable (net of payables). The real estate consists of five separate buildings. All five buildings are used for company purposes.