Decades-Old Manufacturing & Fabrication Shop w/ Real Estate
Price: $3,475,000
Location: Northeast Florida
Industry: Manufacturing
Listing ID: 75600175
Listing Status: New
This machine and fabrication shop has been around for over 30 years, and it is essentially a job shop; there is no specific product line produced. Most of the revenue is B2B. There are long term employees in place--the machine shop manager has been with the business 20 years, and the fab shop manager has been with the business 10 years. The business has been driven by word-of-mouth and reputation, though there is a 4.4 star Google rating. Most jobs are paid by credit card and check. The real estate is 2.64 acres with 2 buildlings. More information with NDA and financial statement.
Down Payment: $3,475,000
Cash Flow: $818,881
EBITDA: $774,252
FFE: $1,800,000
FFE Included: Yes
Year Established: 1989
Days & Hours of Operation: 7 AM-3:30 PM Monday-Friday
Owner Hours Per Week: 40
Managers: 2
Real Estate: $1,125,000
Real Estate Included: Yes
Square Footage: 42911
Reason For Sale: Discuss with Seller
Training & Support: 2 weeks, no cost