Welding & Fabrication

Welding & Fabrication

Available

$495,000.00

Listing Number :

 3923

Status :

Expired

Price :

$495000

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Area

20000

Description

This is a truly unique business opportunity with huge income and real estate property available. The business is located on almost 5 acres with a 15,000 sqft building on it. The business owner has income from the welding business and he also rents out parking space on his property to truck drivers to park their big rigs, and other tenants that need space to park their vehicles. He also has a car lot at the front facing the traffic. He says he grosses $25,000/month in the welding shop, collect $14,000/month or space rental and makes $4,000/month on the car lot. His annual gross sales is $516,000 and his net profit is about $337,000/year. He pays rent of $13,000/month and it is assumable. The Big Plus here, is the owner of the real estate is willing to sell also, for $1,800,000. If you want a very profitable business and let it pay for your real estate retirement nest egg too, this is you Big Opportunity. Call today and speak with Veronica, 916-585-1167. license #02051115 # 3923

Business Information Financial Information
Ownership Type:  Sole Partnership
Year Established:
Year Purchased:
Business Type: Welding
License(s) Required: Business
Hours of Operation: 7 am-7 pm /7 days a week
Business Relocatable: No
Business Is A Franchise: No
Home Based: No
Broker To Broker CoOp:  No
Office Listing Number: 3923
Date Available: 2/1/2020
Reason For Sale: Retiring
Annual Total Revenue: 516000
Annual Net Income: 337000
Inventory: 150000
Monthly Payroll:
Lease Information
Base Rent: 13000/m
Lease Expires: 2024
Lease Option: 1 x 5 years option
NNN:
 
Financing Information
Down Payment: 495000
Owner Will Carry:
Other Finance Terms:

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