This is an excellent family owned and operated business in Central Florida. The 27+ year-old metal fabrication, machining, and laser-cutting company has a solid reputation for precision, reliability, and innovation and has thrived since its inception.
The primary company operates out of their owned 10,000sf industrial warehouse in Orange County. The building (which was designed and built by the owner of the company) is included in the sale and has a strong recent appraisal. A subsidiary of this company was established 15 years ago to subsidize their laser-cutting needs. This company specializes in laser-cutting metal parts and operates out of an additional 7,300sf of leased space located just 3 miles away for the primary business.
While both businesses operate independently, there are significant synergies that exist including revenue generation, lead time, buying power, and a shared knowledge base. Together, the companies have 11 full-time employees with a wealth of experience. Customer satisfaction and quality have led them to build strong relationships with top-rated ISO certified companies.
The owner is looking to retire to spend more time with his family. He would consider staying on for an extended period of time, but would like to cut back his working hours. The business keeps very clean financials, and Y23 sales are up significantly.
- Asking Price:
- $2,600,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $2,938,900
- Cash Flow:
- $626,993
Property Information
- Real Estate:
-
Real Property Included
- Premises Details:
-
The primary company operates out of their owned 10,000sf industrial warehouse. The building, which was designed and built by the owner of the company, is included in the sale and has a strong recent appraisal. Additional 7,300sf of leased space located 3 miles away.
Business Operation
- Reasons for selling:
-
Discuss with the seller.
- Trading hours:
-
8:00am - 4:30pm, Monday- Friday
- Employees:
- 13
- Years established:
- 27
Other Information
- Support & training:
-
Two weeks acclimation period at no extra cost to buyer.
- Financing available:
-
SBA Prequalified: Down payment $426k | Working Capital $150K | Closing Costs $89,900 | 25 year term | Interest Rate 11.25% | Monthly Payment $24,097
- Furniture / Fixtures value:
- $1,350,000 - included in the asking price
- Inventory / Stock value:
- $6,300 - included in the asking price