Structural Steel Fabricator for Apartment Buildings

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Manufacturing Businesses for Sale

This profitable contracting business specializes in steel fabrication and construction in Northern and Central California. They have won many awards for ornamental gates and fences. They have been featured in national trade journals. 2020/21 Sales were at approximately $5.1M and future contracts expected to be over $2M in the next fiscal year if projects are accepted. The company employs a staff of professional estimators. Among happy customers are homebuilders and apartment construction. A C-51 license is necessary and the owner who has this license is willing to stay on for a short period of time after the sale. There is training and a non-compete clause included in the sale.

Financial Information

  • $2,000,000 Asking Price
  • $341,898 Cash Flow
  • $6,551,588 Gross Revenue
  • On request Down Payment
  • Yes Financing
  • $80,000 Inventory

Business Location

  • City: Fresno County
  • State: California

Support / Training Comments

  • Seller will negotiate a transition period

Financing Comments

  • Seller or Third Party Financing available for a qualified buyer

Reason for Sale

  • Retirement

Detailed information

  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Part time Employees: N/A
  • Real Estate Included: No
  • Monthly Rent: $5k
  • Real Estate Available: No
  • Building Size: 10800
  • Fulltime Employees: 33
  • Real Estate Value: N/A

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Business Listed by Sunbelt of Bakersfield
Contact
John Willingham
Listing ID
BAKERCA001-47359
Office Phone (661) 323-2358
License Number
BRE 556588

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