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Asking Price$2,495,000
Revenue$854,713 Established1946
Cash Flow$214,843 Employees3 full-time
FF&E$500,000* FranchiseNo
Inventory$600,000 RelocatableNo
Real Estate$1,250,000* Home-basedNo
* Included in Asking Price
This long-established welding and machine shop in Northern California is Sole Proprietorship and was under the current ownership for the past 45 years but has been in business for over 75 years! For over seven decades, their team of master craftsmen and welders have been working to perfectly execute projects for fabrication, repair, and construction.  What services do they provide?  Machinery rebuilds and repair, vehicle welding, trailers, steel fabrication, axles, hitches and repairing customers equipment.  They have lathes, shears, mills, press brakes and can do any type of welding.  The business comes with the building and the 2 lots next to it, and they are located right on the railroad tracks.
Competition:There is one competitor in the area, however, there is so much work that they rarely see the competitor in the marketplace.
Growth Potential:Growth can be obtained by expanding into other markets that are being served by the business. The largest customer segment currently served is the farming community. This segment is recession resilient and in high demand, and this business has earned its reputation in the repairs and equipment it can service in this industry. Currently approximately 60% of the business is in Farming, with approximately 40% in other industries. Another unique feature is they sell raw iron and steel and have a large inventory of this at a lower purchased cost. By selling more of this material, a Buyer could quickly add revenue to the company and high profit margins.
Training/Support:Seller agrees to provide training for 4 weeks at 30 hours per week. Additional training and support from the Seller are available at mutually agreed upon terms between the Buyer and the Seller.
Seller Financing:Willing to finance $495,000 (20%) over 5 years at 7% interest with a monthly payment of $9,801.59
Sale Reason:Seller would like to retire
Ad #138205
Seller Reference #SACRACA002-N67
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Contact This Seller
Brett Sargent
(916) 800-2090
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