Details - Information last confirmed on February 25, 2021
As a full service engineering, fabrication, manufacturing rep, and special trade contractor in California, this company offers design, engineering, fabrication and installation. Primary products include stainless steel systems for niche companies including but not limited to the pharmaceutical and food and beverage industries. While the majority of their services are provided to local clientele, they have had special projects taking them long distance. They also engage in projects that involve helping businesses move plants to other states, be sure to inquire for more specifics about the business. There is plenty of opportunity for the new ownership to expand the business through service radius or reaching out to additional industries. In spite of nationwide pandemic, 2020 has shown substantial growth with revenues over $9.5M and net income over $1.2M with $1,600,000 plus in SDE, over the past 5 years, they have consistently had over $6M in sales. With over 30 employees and management in place, the seller has minimal involvement in day-to-day operations. The facility is over 14,000 square feet and warehouse, production and office areas. The property can be leased or purchased. As a highly reputable company, the client list does include household names with longstanding relationships. It should be noted, the current ownership has chosen to maintain this size and not expand the business, and this well-established company could certainly thrive nationwide!
Listing includes varying Inventory per project and Equipment valued at $1M!
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