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Welding And Metal Fabrication Business For Sale

Honolulu County, Hawaii
Asking Price:
$1,500,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$873,800 (USD)
Cash Flow:
$250,000 (USD)

A welding and 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

***Please look for an email with the subject "Morgan & Westfield –“Welding & Metal Fabrication Business” after contacting us. You can access more information on this business after e-signing our Confidentiality Agreement. ***

Property Information

Real Estate:

Lease

Business Operation

Employees:
7 FT/2 PT
Years established:
2007

Other Information

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Negotiable

Furniture / Fixtures value:
$267,616 (USD) - included in the asking price
Inventory / Stock value:
$20,000 (USD) - included in the asking price
Relocatable:
This business can be relocated.

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