New Business For Sale: Specialty Precision Metal Works
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The Biz Blog
March 16, 2023 by Kendric Foultz
Kendric Foultz just launched a new listing: Specialty Precision Metal Works
Specialty Precision Metal Works
Asking: $520,000 • Gross: $1,352,039 • Net: $385,000This business for sale is a long established company that offers a specialty niche service in the precision metal cutting industry. In its current form it is an ISO 9100:2015 certified operation with the further designation of being a women owned business.
The business is well staffed and the owner only comes into the facility two or three times a week for a few hours per day to handle standard business ownership issues. A full time working owner would have the opportunity to really grow the business particularly if they had a marketing background and had some relevant connections and experience in the industry.
The company has shown stability over the years and while Covid had a significant impact the company's financials and most recent tax return show a very nice recovery to equal if not better pre Covid conditions. The business has been pre approved for an SBA 7a acquisition loan with buyer capital injection as low as 15%.
For a buyer that requires to be able to purchase the operating real estate, the approximately 9,600 sqft building and associated land is also available for purchase.
For more details please contact Kendric Foultz at 310-968-2369 or kfoultz@bizex.net
Kendric Foultz
Email: kfoultz@bizex.net
Office: (310) 882-2200 ext 102
Blog: https://www.bizex.net/blog
Web: https://www.bizex.net/business-broker/kendric-foultz
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