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Welding & Metal Fabrication Business
Location: United States -> Hawaii -> Kapolei
Industry: Business Services > Other Services




Business Summary

A welding a metal fabrication business, well-established since 2007, is available in Kapolei, Hawaii, on the island of Oahu. The company provides welding, steel fabrication, and steel erection for commercial projects, and handles industrial plant maintenance and repairs. The company is also American Bureau Shipping (ABS) certified and does specialized ship repair and maintenance.

The company has a complete fabrication shop, with all of the machinery to do in-house fabrication, along with the ability to do on-site installation and welding repairs. All of the equipment is owned by the business and is in excellent working condition. The equipment, company inventory, and four company vehicles are all included in the sale price.

The owner is currently hands-on with the business, along with 7 full-time and 2 part-time long-term employees with over 50 years of experience combined. Repeat customers make up the bulk of their client list, with 60% of the company's revenue coming from their top 3-5 customers. The business does not rely heavily on paid advertising, so a marketing campaign could be explored to produce new clients. There could also be growth in the business by pursuing more ship repair and government contracts.

The company currently has a long-term lease located in a 4020 sq. ft. industrial warehouse where it can remain, or relocated to suit the needs of a new owner. The business had a peak year of revenue in 2016, with Gross Sales Revenue of $1,224,741, followed by two strong years, with 2018 Gross Sales Revenue being $873,800. The ideal buyer would have a background in welding and steel construction. The current owner is selling the business in order to move to California to join his family who relocated there in 2017.

This is an established business. This is neither a new franchise nor a start-up opportunity


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $873,800
Cash Flow:   $250,000
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  FFE: $267616 ; Inventory: $20000
Seller Financing:  Yes

About The Business

Year Established:  2007
Number of Employees:  6 - 9
Relocatable:  Yes
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Lease

Photos

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Welding & Metal Fabrication Business Photo 1




Print Listing Id: 700338940
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Also See: Franchise Opportunities > Franchise Resales > Hawaii Businesses For Sale > Hawaii Franchises For Sale > Hawaii Business Brokers



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