This long-established welding and machine shop in Northern California is Sole Proprietorship and was under the current ownership for the past 35 years but has been in business for over 75 years! For over seven decades, their team of master craftsmen and welders have been working to perfectly execute projects for fabrication, repair, and construction. What services do they provide? Machinery rebuilds and repair, vehicle welding, trailers, steel fabrication, axles, hitches and repairing customers equipment. They have lathes, shears, mills, press brakes and can do any type of welding. The business comes with the building and the 2 lots next to it, and they are located right on the railroad tracks.
Competition Description
There is one competitor in the area, however, there is so much work that they rarely see the competitor in the marketplace.
Growth / Expansion overview
Growth can be obtained by expanding into other markets that are being served by the business. The largest customer segment currently served is the farming community. This segment is recession resilient and in high demand, and this business has earned its reputation in the repairs and equipment it can service in this industry. Currently approximately 60% of the business is in Farming, with approximately 40% in other industries. Another unique feature is they sell raw iron and steel and have a large inventory of this at a lower purchased cost. By selling more of this material, a Buyer could quickly add revenue to the company and high profit margins.
Support / Training Comments
Seller agrees to provide training for 4 weeks at 30 hours per week. Additional training and support from the Seller are available at mutually agreed upon terms between the Buyer and the Seller.
Financing Comments
Willing to finance $495,000 (20%) over 5 years at 7% interest with a monthly payment of $9,801.59
To get more information about this Welding, Machine Shop - Long Established business for sale in
Glenn County please phone Adriana Sargent (Intermediary - BRE License #:02103897) at 408-981-7799 Call and 408-981-7799 Text - if you get
voicemail please leave a detailed message - make sure you mention you
saw this posting/ad #273910 on BizBen.com. In addition to phoning
Adriana Sargent, make sure you email Adriana Sargent above to get more info about this
Welding, Machine Shop - Long Established, to ask any questions or request an appointment to see this
business for sale. Thank you. License # 02100708. Sunbelt Business Brokers.
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