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It is an excellent opportunity to buy a sheet metal fabrication business.
This sheet metal fabrication business for sale was established in 1995. Known for its great reputation for reliability and quality, this business provides services for its large base of loyal and repeat long-term customers, with the highest earnings and productivity on the local market.
This offer is perfect as an add-on to an existing business in this industry or as a stand-alone business for an individual owner or entrepreneur. A comprehensive Private Placement Memorandum will be provided after signing the Confidentiality Agreement (CA) by the buyer. Also, Buyer should demonstrate their financial ability before the Private Placement Memorandum will be sent.
Information about the property
The business and real estate are both available. The real estate can be purchased or leased on the negotiated terms as the buyer prefers.
Leasehold Rent: $138,000 per year.
Lease Rent: $7 per square foot per year.
Premises: There are 2 facilities situated close to the interstate that ensure easy transportation of incoming materials and outgoing goods. Each facility produces specific product types. One facility sits on 8,341 square feet, another is situated on 12,062 square feet. The total area is 20,403 square feet. This place is enough to manufacture high-quality products at competitive prices.
Also, the ownership includes the living accommodation near the facilities, which are now occupied and rented. They do not belong to the offer, but if a buyer is interested in purchasing them, it can be discussed.
Appropriate zoning for this type of manufacturing is available.
Potential: During all the years of being in business, the sheet metal fabrication business for sale got a huge experience and built a large base of 40-50 legacy customers. During the last 3-5 years, some efforts have been made to grow the business. The capacity of both facilities and staff to improve the growth is considerable. This business provides brilliant opportunities within its current customer base and has ample room for future growth and expansion.
Market: Year after year the company has built an excellent reputation. The workforce is a signatory to The Sheet Metal Worker’s Local Union No. 49. They specialize in the fabrication of rectangular duct and spiral fabrication for different union/non-union projects. They are the following: sports facilities, hospitals, and medical-related facilities, military bases, national laboratories, data centers, courthouses, universities, airports, casinos, hotels, movie and TV production sets, and manufacturing facilities. On the local market, there is only one competitor with similar capabilities.
Now because of the retirement and other interests, the current owner is looking for the right people that are willing to take on the wonderful opportunities afforded by this manufacturing business!
Additional information
Small business administration 504 loan program and 7(a) loan programs currently available with 20 and 25-year repayment at interest rates between 2.5 – 3 percent. The fees for these loans are being waived for the next eight months. We can put you in touch with the Enchantment Land Certified Development Company (ELCDC) and the Certified Development Company (CDC) who assist in getting these loans. These loans can be used for the purchase of the business as well as real estate.
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