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Russ and Pat Lee

I wanted to thank not only Joan for helping me find the best business but also her assistant Patrick. They work as a team, and when Joan’s tied up, Patrick always had answers for me. It’s like having two people working to help you find a business. We appreciate it! Thanks for not letting us get into the food business in Santa Cruz. more...

 

 


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Listing Information
 
Metal Fabrication
Listing ID: SB557 Location: Monterey County  
Broker: Eric Nielsen Ph:(408) 436-1900 x110
Brief: Fabricates and installs customer-engineered products in a wide range of metals...
Listed Price: $475,000
Total Sales: $1,289,000
Seller's Discretionary Earnings: $206,000
Fixtures Furniture, & Equipment: Included
Real Estate: N/A
Inventory: $10,000
Financing / Terms: Negotiable
   
Business Information
Year Established: 2000
Number of Employees: 8 full-time; 2 owners
Days and Hours of Operation: 8 a.m.- 4 p.m. & by appointment
Relocatable: No
Franchise Information: N/A
Facilities / Location: 5600 sq. ft. bldg / 27,000 sq. ft. lot
   
Lease Information
Lease Expiration Date: March 2013
Option: Negotiable
Monthly Rent: $5,700 per month
   
Additional Information
Reason for Selling: Shareholder Split
Business Description:

This profitable business has been established for 9 years, and specializes in custom metal fabrication and installation for all phases of construction and on-site building improvements serving an affluent region of the central California coast. The company has built a strong reputation for quality work, on-time delivery and excellent customer service. The business manufactures and installs all types of metal fabricated items including: ornamental iron railings, gates and fencing; structural steel columns and monument frames; sheet metal counters and vent hoods; specialty doors, windows and facades. The company is fully equipped to fabricate customer-engineered products in a range of metals including; stainless steel, black iron, bronze, copper, aluminum and zinc. Equipped with modern equipment and a well-trained group of employees, the professional staff provides estimating, project management, AutoCAD and design work. The skilled non-union fabrication specialists provide the craftsmanship in the production and installation of finished goods. There is limited competition in the affluent market area served by the company and the strategic location of this business makes access to job sites easy & convenient. The facility has the capacity to grow and despite the slowdown in construction across the nation the operation continues to post solid revenues.

Organized as an S-Corp. Sale to facilitate shareholder split. Sellers will train and introduce Buyer to all major customers to insure a smooth transition. Excellent candidate for larger company, owner-operator, or form new entity with remaining shareholder.

Sunbelt of the Greater Bay Area
2001 Gateway Place, Suite 230E San Jose, CA 95110 Phone (408) 436-1900 Fax (408) 436-1996
6700 Koll Center Parkway, Suite 130 Pleasanton, CA 94566 Phone: (925) 600-0414 Fax: (925) 369-7270

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