Category:
SE10077 - Metal
Location:
Washington - Seattle
Business Description:
The Company is a full-service, technologically advanced job-shop whose primary services include high precision production and prototype machining of sheet metal parts for a variety of industrial and commercial applications. It has expanded its cutting capabilities to include composites, plastics, glass, ceramic and stone in order to further broaden its already diverse customer base. 2019 revenues and profitability returned to 2016 and prior levels following tariff related material cost volatility and extended owner health issues. The Company currently performs almost no marketing. Expanded marketing and the addition of sales staff would enable the company to grow within the industries currently served and to enter into new markets.
Inventory (included):
$300,000
4 Months Ended
4/30/2020
$1,278,488
(Sales)
$60,582
(Adjusted Cash Flow)
12 Months Ended
12/31/2019
$4,556,373
(Sales)
$412,875
(Adjusted Cash Flow)
12 Months Ended
12/31/2018
$4,221,156
(Sales)
($50,353)
(Adjusted Cash Flow)
12 Months Ended
12/31/2017
$4,352,061
(Sales)
$122,902
(Adjusted Cash Flow)
# of Employees | Full Time | Part Time |
Non-Owners | 32 | 0 |
Owners | 0 | 1 |
Hours of Operation
M-TH 7:00am-2:00am, F 7:00am-4:00pm
Licenses Required:
Monthly Rent Including NNN:
$17,325
Expires:
10/31/2020
Option:
For 5 years
Size(sq.ft.):
24,560
Type of Organization:
S Corp
Reason for Sale:
Retirement
Training:
0 weeks hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.