SOLD!
COVID-19 Status – The Company is currently open and operating at full capacity. |
Details
Asking Price: |
$999,000 |
Annual Sales: |
$580,611 |
Cash Flow: |
$379,245 |
Inventory: | N/A |
FF&E: | $70,000 |
Real Estate: | $500,000* (*Not Included) |
Employees: | 1 FT Owner 2 FT |
Location: | Front Range of Colorado |
Reason For Sale: | Retirement |
Business Description
Company is a leading provider of metal services to the Colorado manufacturing industry. Their broad range of capabilities allows the company to maintain a fast turnaround on orders, as well as to pick and choose which projects to take on.
The company is growing, fueled by a reputation for quality and timely delivery. This reputation keeps production busy with no marketing investment. There is capacity to grow the business without large capital investment simply by adding additional product shifts. The company has focused on high margin accounts and this is reflected in the 45% net income which is more than twice the national average of 19%.
The company operates from a 5,600 sq. ft. facility, which is also for sale separately. The space is divided 70/30 into production and office space. There is ample parking for employees and clients.
Represented by Dave Harris. Tell me more about this business.