Steel Fabrication Company

Business for Sale Overview

Business Types: Manufacturing

Business Location: Los Angeles, CA

Asking Price: $900,000

Gross Income: $1,400,000

Cash Flow: $300,000 +/

FF&E: $100,00 +/

Inventory: TBD

Year Established: 1984

Employees: 8 FT

Business for Sale Description

Steady Income! Steel Fabricator with several contracts in place. 2011 gross sales are expected to exceed 1.4M- which is an increase of 30+% over last year!. Company has C-23 and C-51 licenses in good standing. Much of the income is derived from the City of LA from low income and city subsidized projects. 8 FT workers, 1 bidder and 2 working owners keep the operation running smoothly. Payroll is approx. $20K per month. Complete books and records available to qualified buyers.

Detailed Information

Facilities:

Large space centrally located. Complete set-up for steel fabrication and repair. Rent is $3000 per month, lease is through 2014. Relocation or negotiation for long term lease possible.

Competition:

This type of business is competitive, this actual business has been thriving since 1984, and has proven itself through very difficult economic times.

Growth/Expansion:

Several possible ways of increasing current revenues and profits.

Financing:

Some seller financing may be possible and SBA loan possible to qualified buyer

Support/Training:

2 weeks for 10 hours per week. One of the sellers may be available for long term employment and is open to discussion.

Reason Selling:

Partnership Issues

Detailed Business for Sale Information

About Brenda the Business Broker

Brenda Bernhard, Brenda the Broker, is a Los Angeles Certified Business Broker (CBB) with years of experience in business buying, business selling, and business consulting services. Brenda the Broker is based in Los Angeles and helps clients with businesses for sale locally, nationally, and globally.

Inquire About This Business for Sale