SOLD!
Details
Asking Price: |
$1,049,000 |
Annual Sales: |
$1,540,000 |
SDE: |
$545,000 |
Inventory: | $80,000* |
FF&E: | $300,000 |
Real Estate: | N/A |
Employees: | 1 FT Owner 7 FT |
Location: | Colorado |
Reason For Sale: | Other Business Interests |
*Not Included |
Business Description
20 year-old company provides precision fabrication services on many materials for diverse industries.
Diverse Clientele – Many with regular monthly production orders.
- Manufacturing
- Aerospace Industry
- Industrial
- Oil-field & Mining
- Universities and R&D
- Art & Signage
The company has received many awards and is recognized as the industry leader in the state.
Systems and Processes are in place for an Owner with very little industry experience. The staff is well trained and dependable.
Revenue is distributed well among different industries. Over 70% of revenue is from repeat clients; some of whom have blanket purchase-orders to produce material on regular basis. The largest client only represents 6% of sales. The top 10 clients represent 29% of sales. The customer base includes established manufacturers and startup companies that rely on the quality of their service that is only possible with this company’s unique equipment, skilled technicians, and quick delivery.
Company can continue to grow and prosper as more traditional manufacturers and newer industries are exposed to their unique service.
Represented by Bill Scott. Tell me more about this business.