L.A. Licensed Profitable Structural Steel and Metal Fabrication Company
L.A. Licensed Profitable Structural Steel and Metal Fabrication Company
Price: $385,000
Location: Los Angeles
Industry: Construction
Listing ID: ZBB2020
Specializing in custom steel fabrication to L.A. code, architectural metal fabrications, welding projects Established for over 21 years with $780k+ in sales and $198k discretionary earnings, Apx 50% commercial, 50% residential. Well trained professional staff of 4 employees including a foreman-welder and estimator-supervisor. Now available for acquisition.
Extraordinary service, professionalism, and responsiveness set this business apart from other welding & fabrication companies. The owner is ready to retire and is looking to sell the business to a qualified buyer. Sufficient training and support will be given for a smooth transition. Buyer CWI or LA City welding license, auto CAD skills and C51 contractors license a plus. SBA financing is available for qualified buyers. The owner will train the buyer and is willing to provide consulting services after training is completed. Call Phil Wolfstein, CBB at 310-663-2180
Down Payment: $98,000
Total Sales: $782,741
Cash Flow: $198,175
FFE Included: Yes
FFE: $132,455
Reason For Sale:
Retirement
Training & Support:
4 Weeks @ 20 Hours Per Week
Year Established: 1990
Days & Hours of Operation: M-F 7a - 3:30p
Owner Hours Per Week: 1 F/T 50 HRS, 1 P/T 25 HRS
Non-Owner Payroll: $23,482
Employees: 6
Managers: 1 Foreman, 1 Estimator/Supervisor
Monthly Rent: $3,000
Type of Location: Industrial Building and Yard
Square Footage: 6500
Facilities Information:
Lease: Approximately 1,000 s/f portion of office space with approx. 5,500 s/f of Front Yard and one 8' X 40' Container.
Owner Qualifications:
C-4 Contractor, C-60, C-51, LA Fabricating License, Welding Inspector
Financing/Terms:
Seller Finance $40,000
24 Months @ 6%
Monthly Payment of $1772.82
For more information on this listing, please complete our Non-Disclosure Agreement
