The Asking Price for the Business is $450,000 + $400,000 for the Real Estate. The Real Estate is currently under a Land Contract which can be assumed by the buyer of the business. The seller is currently paying $4,000.00 a month ending on August 1, 2028.
This is a metallizing company with a predictable future. The entire metal working industry understands that no matter how good your quality control department is, there will always be defective parts. Those parts already have a lot of man hours invested in them. Scrapping these parts is not an option. Metallizing comes to the rescue by utilizing several metallizing processes, they can apply a new surface to machined parts that were not machine to specs, worn parts without changing the properties of the base material, and metallized coating can provide wear resistance on virtually any surface. This is the age of rebuilding the manufacturing industry all across the nation, and this service is currently in high demand. They are an invaluable resource to the metal working industry. They can handle parts up to 40 tons and refurbish them. When you have a 40 ton part that already has 100 man hours invested in it, it does not take a CPA to tell you that salvaging that part is a good investment. These are parts that are too valuable to scrap.
The building has crane capacity of 40 ton's which is essential for being able to service the customers that require the repair of large parts. The building has two floors, The machine shop has 10,187 sq. ft. on the first floor. The second floor is 2,025 sq. ft. that is used for offices. The building is metal masonry construction. Lights are mercury vapor and the heat is infrared gas. The ceiling height is 31 feet.
The electrical power to the building is 480V/600A/ 3ph. The business has equipment valued at $344,000.
A complete list of equipment will be furnished upon request.
The building was refurbished in 1976.
Asking Price Between $100,000 and $500,000
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