High Volume Steel Sawing
SE Michigan

This second generation high volume sawing business has consistently served a major auto supplier with steel materials for over 30 years. The materials are ordered every 2 weeks on an open purchase order that has been in place for twenty years. The company is paid regularly and has consistently received perfect scorecards. The company meets annual ISO 9000 certification as required in the auto industry. The work is physical labor that does not require specialized skills. Past employees have included minimum wage workers. If you are looking for consistency and simplicity in a business, there are not going to be many businesses that fit the bill as well as this one. Furthermore, the sale includes equipment that is not fully utilized since the owners turn down jobs from those other than this major auto supplier.

The business is in a 5,950 square feet facility that is also owned by Seller of the business. The building is for sale for $75,000 not included in the list price, or it can be leased for $1500/month. Seller is active in the business with 1 PT employee. Hours of operation are flexible, Monday - Friday. $10,000 in Inventory and $50,000 in FF&E included in Asking Price.

Listing Number:

20619

Category:

Manufacturing

Location:

SE Michigan

SOLD

Financial Information:

Gross Revenue:

$910,000

Listed Price:

$425,000

Total Adjusted Net Income:

$243,000
Equipment / Fixtures:
$50,000

Year Established:

1994

General Location:

SE Michigan

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First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.


The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker, Terms of Use before responding to any ad.

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High Volume Steel Sawing

Location: SE Michigan


This second generation high volume sawing business has consistently served a major auto supplier with steel materials for over 30 years. The materials are ordered every 2 weeks on an open purchase order that has been in place for twenty years. The company is paid regularly and has consistently received perfect scorecards. The company meets annual ISO 9000 certification as required in the auto industry. The work is physical labor that does not require specialized skills. Past employees have included minimum wage workers. If you are looking for consistency and simplicity in a business, there are not going to be many businesses that fit the bill as well as this one. Furthermore, the sale includes equipment that is not fully utilized since the owners turn down jobs from those other than this major auto supplier.

The business is in a 5,950 square feet facility that is also owned by Seller of the business. The building is for sale for $75,000 not included in the list price, or it can be leased for $1500/month. Seller is active in the business with 1 PT employee. Hours of operation are flexible, Monday - Friday. $10,000 in Inventory and $50,000 in FF&E included in Asking Price.

Listing Number:

20619

Category:

Manufacturing

Location:

SE Michigan

Ciro 'Vic' Coppola

Office: (702) 368-2500   |  Cell: (725) 233-3333

License #: BS.0146004

Financial Information:

Gross Revenue

$910,000

Listed Price:

$425,000

Lease Information:

Square Feet:

5950

Total Rent:

$1,500

Lease Expiration:

N/A

Lease Options:

1

Asset Information:

Leasehold Improvements:

$0

Equipment / Fixtures:

$50,000

Additional Information:

Full-Time Employees:

0

Part-Time Employees:

1

Training Period:

2 Weeks

Reason for Selling:

Retirement & relocation

First Choice Business Brokers

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

The information in this listing has been provided by the business seller or representative stated above. First Choice Business Broker has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.


Read First Choice Business Broker,
Terms of Use before responding to any ad.

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