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Metal Fabrication And Powder Coating Business

Location  Michigan,United States
Asking Price Range  $500K - $1.0M
Gross Revenues  $300000
Net Profit / Cash Flow  $75000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  No
Year Established  1997
Number of Employees  1 - 3
Relocatable  No
Number of Employees  1 - 3
Real Estate  Owned
Training  Yes.
Reason for Sale  Retirement.
Description  Welding, steel fabrication and powder coating business for sale in a 10,000 sq ft, pre-engineered steel building with 860 sq. ft. brick office, and matching 2 stall carport. 2 overhead doors 14 ft x 14 ft. Main building built in 1999, office added in 2001, well maintained on 3.21 acres, more land available, in Industrial Park with all public utilities; high speed internet Owners retiring, could continue working part time Would also sell just real estate with/without contents price for real estate and fixtures: $500,000 Or would Lease for $3.50 per sq ft. Business has operated for 30 years, has good reputation, excellent safety record, no pending or past lawsuits, no insurance claims; excellent credit history. Currently operated as a miscellaneous metals, railings, ornamental metal, powder coating finishing, supplier to the construction industry Facility would work for fabrication of many items through to a finished, coated, product. includes all fixtures, equipment, and contents, including powder coating batch oven 10 ft. x 10 ft. x 25 ft. convection type, by Rapid Engineering, well insulated; Nordson powder coat gun and control panel and Deimco filter booth (application equipment) Natural gas Hotsy power washer, and a wash bay , for pretreatment. City sewer accepts iron phosphate 3T gantry crane over 1 - 100 ft long bay air compressor 10 HP, air piped around building mig, tig and arc welders; pipe/steel benders, computer controlled plasma cutting table, saws, torches, 18T ironworker press, many power tools Caterpillar Forklift 5000 lb Shop organized for very efficient workflow. Office includes 2 computers, 2-line phone system, wireless Internet, separate heat, air conditioned usual desks, tables, file cabinets, printers, scanners ; kitchenette Facility and contents insured for $1,000,000 price for total Business: $595,000 price for real estate and fixtures: $500,000
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