Property ID : WSD24.320
For Sale $1,129,500.00 - Manufacturing, Metal Coating
DESCRIPTION:
- A very profitable Business to Business (B2B) Metal Coating Business located in the Greater Rochester NY area
- Has been successfully and profitably operating since 2011
- It has extremely high profit margins compared to its peers in this industry
- Services it provides are, Aluminum Chromate, Iron Phosphate, Stainless Steel Passivating, Powder Coating, Painting, and Parts Cleaning
- This business offers high quality and quick-turnaround times for their customers
- Its customers are metal fabricators, electronic and component manufacturers, medical, transportation, military, and communications businesses
ASSETS/FIXTURES/EQUIPMENT: (Included in the asking price):
- Furniture, Fixtures and Equipment fair market installed value of $ 227,000
- Supplies Inventory at Seller’s Cost of $ 20,000
LEASE ARRANGEMENTS:
- 8,743 Square Foot Facility
- Gross Rent is $ 1,679.62 per month with common access and dock areas and expires on December 31,2028. Tenant pays all utility costs within the premises
SALES AND SDE:
2023 2022 2021 2020 2019
- Sales $ 600,412 $ 952,514 $ 550,226 $ 661,848 $ 554,132
- SDE $301,282 $ 527,943 $ 269,426 $ 378,111 $ 284,390
PRICE/FINANCING:
The Asking Price is $1,129,500
Comments:
An excellent opportunity for any existing Metal Finishing, and/or Metal Fabrication Business to acquire excellent accounts, equipment, and work force to increase their sales and profits.
