Welding & Fabrication Business

Business Opportunity for Sale
Catylist Listing ID: 30518981
Property Subtypes: Manufacturing
Building Size (RSF): 11,482 SF
Sale Price: $850,000
Name of Establishment: Contract Agent for full business data and descriptions
Year Business Established: 1963
Gross Revenue: $896,099 (Annual)
Cash Flow: $380,094 (Annual)
Cash Flow Type: EBITDA
Relocatable Business: Yes
Sale Terms: All property, equipment, furniture, fixtures and vehicles used in the business are to be sold with the business. Everything necessary to continue the business running as it has been is included. Employees, customer list, vendor list, business systems will also be transferred. Seller will give 30 days of on-the-job training included in the price of the sale and can continue as an employee for up to 10 months after the sale.
Last Updated: 7/15/2020

Overview / Comments

Securely established welding and fabrication shop offered for sale. Everything involved in running the business will be included, from buildings and real estate to equipment, inventory, systems and customers. This business is running strong and available for a new owner to step in and continue the good work already established. This is an outstanding opportunity to own an already proven business. Have the best of two worlds, small-town hospitality and big-time business. Strategically located on Highway 41 with quick truck access to multiple manufacturing centers. This is a thoughtfully constructed service offering with demonstrated growth and prosperity year over year. The shop serves over 400 clients per year with mig, tig and stick welding, and mechanical repair. Additionally, on-site welding & repair are offered through mobile service units of varying sizes. The metal shop is well laid out over 9,700 sq. ft. with 12' to 20' side walls and large automatic doors up to 26' x 16' enabling work to be done on large equipment. The shop is well outfitted and provides fabrication services for custom solutions as an additional offering with unlimited growth potential. Customers of all sizes served from numerous industries including manufacturing, trucking, agriculture, industrial equipment and construction. Community members and surrounding businesses are also well served. This business is a much-respected staple of the community where it was established in 1965. The quality employees are integral to the business and have a stable work history. This highly successful business is a rare opportunity for the right investor. Don't miss out, contact us today for more information!

Additional Details

Nearest MSA: Beatrice
County: Gage
Industry Segment: Metals Components Manufacturing
Reason for Selling: Retirement
Value of Inventory Included ($): $34,700
Value of Furniture, Fixtures, and Equipment ($): $389,300
Real Estate Status: Real Property
Value of Real Estate Included ($): $135,000
Real Estate Lease Description: Purchase to include property which incorporates 8 city lots.
Employee/Labor Description: 2 FT welder/mechanics, 1 FT Administrative Assistant, 11 PT welders
Mgmt/Training Support Description: Seller will collaborate with buyer to train and assist new business management for the first 30 calendar days after the sale.
Competition/Market Description: Limited competition and other service providers often service different industry or offer different machining capabilities. Large contracts are typically bid against up to one other service provider.
Growth/Expansion Opportunities: There are multiple growth opportunities available with relationships already established. Seller to describe the growth opportunities during due diligence period.
Seller Financing Description: Negotiable

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