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Metal Plating Manufacturing, Real Estate For Sale - Southern California, California
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Profile: Metal Plating Company-Including Real Estate.
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Ad/Listing Information
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Contact Information |
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| Seller Or Contact: |
Brad Tait, Agent
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| Primary Phone: |
310-372-4772 |
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| Alternate Phone: |
None Given |
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| DRE Number: |
None Given |
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| Email Address: |
Email This Advertiser |
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| Date Started: |
11/18/09 |
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| Date Last Revised: |
11/18/09 |
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| BizBen Ad #: |
147980 |
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| Financial Information |
Detailed Information |
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| Asking Price: |
$9,320,000 |
| Down Payment: |
Call/Email |
| Annual Revenue: |
$7,596,101 |
| Annual Adjusted Net: |
$1,401,219 |
| Price Range: |
Over $2 Million |
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| Franchise: |
No |
| Relocatable: |
No |
| Home Based: |
No |
| Real Estate Included: |
Yes |
| Bkr To Bkr Coop: |
Yes |
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Description:
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Metal Plating Company
Located In Southern California
Asking Price - 9,320,000
Price Includes Real Estate Valued At 5,120,000
Equipment Included In The Purchase Price Valued At 2,800,000
The Company Was Originally Started By Two Partners In 1991 And They Operated The Company As A Proprietorship. They Specialized In Plating For Many Different Types Of Small Parts For A Variety Of Different Industries. In 1997 The Current Owner Bought Out His Partner And Incorporated The Business. During This Time Period The Company Began Doing Metal Plating For Custom Wheels. Since Then The Company Has Grown Significantly And Is Now Known As The Highest Quality Metal Plating Facility In The Area.
When The Company Started Doing Wheels Their First Large Client Was An Original Equipment Manufacturer. Over Time They Branched Out To 3 Piece Wheels And After Market Products.
The Plating Process Consists Of Six Steps.
1. First The Wheel Is Stripped Of Any Paint Or Previous Finish And Hand Polished.
2. The Wheel Is Plated In The First Nickel Bath To Give It A Strong Coating To Protect Against Corrosion.
3. Next A Copper Plating Bath To Provide A Deep Luster And Smooth Out Any Surface Imperfections In Preparation For The Remaining Baths.
4. The Wheel Is Then Hand Polished And The Copper Buffed For Smoothness And Deep Luster.
5. Now The Second Nickel Plating Bath Adds To The Luster In Preparation For The Chrome
6. Finally The Chrome Plating Bath Gives The Wheel A Deep Smooth Luster.
The Company Also Has The Capability To Do Black Chrome Plating.
There Is Significant Opportunity For Expansion And Diversification. The Company Currently Focuses On The Wheel Business But Could Very Well Expand Their Operation Into Metal Plating For Many Different Products. When The Company Was Founded They Did Metal Plating For Many Small Parts For A Wide Variety Of Industries. They Decided To Concentrate On Wheels In The Late Nineties But Could Easily Commence Plating For Other Industries As Well As Government And Military Applications. The Company Is Also Capable Of Doing Black Chrome, Nickel And Copper Plating.
The Company Has Received SBA Pre-Approval For A Combination Of 7a (Business Acquisition) And 504 (Real Estate) Combination Financing. Pricing For This Company Includes The Real Estate, All Equipment, And Accounts Receivable (Net Of Payables). The Real Estate Consists Of Five Separate Buildings. All Five Buildings Are Used For Company Purposes.
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For More Info Call: (Please Mention You Saw This Ad On BizBen):
Brad Tait, Agent at 310-372-4772 |
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