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For Sale: Welding Company - Price Reduced - San Jose, Santa Clara County

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Current Status: Active     Posting #: 243356     Last Refreshed: 5/17/19     BRE License #: 01160661    
Contact: Michael Floorman At 408-385-0412  -  Also Email This Contact Below
Price:  $300,000     Down:  $60,000     Adjusted Net:  $309,000     Revenue:  $767,560    
Business Address:  699 West San Carlos Street     City:  San Jose     Zip:  95126    
Attributes:  Training & Support, Relocatable     Cooperation With Brokers?  Yes
San Jose, Santa Clara County Welding Company - Price Reduced Business For Sale Welding Company - Price Reduced Company For Sale San Jose, Santa Clara County Welding Company - Price Reduced Companies For Sale Buy, Sell A Welding Company - Price Reduced Business Selling A San Jose, Santa Clara County Welding Company - Price Reduced Welding Company - Price Reduced Business Opportunity

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  Description About This Posting: Welding Company - Price Reduced
S&S Welding Company +47 Years. Price Reduced!

The seller owns the real estate and must vacate the premise in approximate 12 months so a buyer will have to move the assets to a new business location. The site is being developed into residential condos. In an interview with the owner and a commercial R/E broker they felt the business can be conducted in a 5,000 square ft. facility with a 5,000 square ft. yard for staging. Rent for the new space is projected @ 1.50 sq. ft. NNN and is noted on the recast as a positive add back. This is a well established business (+47 years) serving a diverse clientele of public and private companies. They are a union shop specializing in smaller jobs and are well know for a quick turnaround and their expertise in handling a wide variety of materials to weld or fabricate.

Sales: $767,560 Purchase Price: $ 300,000 Down Payment: $ 60,000
Cash Flow: $309,000 Annualized For 7 months ending Mar 2018 from Seller's P&L
Rent: N/A NNN N/A Lease Expires: N/A Employees: FT: 2, PT: 0 Owners: FT: 1, PT: 0
Option Yrs: N/A Bldg. Size: (Sq. Ft.) N/A
Reason for Sale: Retirement Hours: Monday - Friday 8:00 / 4:00

To get more information about this Welding Company - Price Reduced business for sale in San Jose, Santa Clara County please phone Michael Floorman (Broker - BRE License #:01160661) at 408-385-0412 - if you get voicemail please leave a detailed message - make sure you mention you saw this posting/ad #243356 on BizBen.com. In addition to phoning Michael Floorman, make sure you email Michael Floorman above to get more info about this Welding Company - Price Reduced, to ask any questions or request an appointment to see this business for sale, franchise, or opportunity. Thank you.

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Peter Siegel, MBA - SBA Loans, Non SBA Financing Assistance

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