Category:
8603 - Manufacturing
Location:
Northern California - South Bay
Business Description:
This business S&S Welding Company in San Jose, CA must vacate the premise as the site is being developed into residential condos. The owner and a local R/E broker felt the business can be conducted in a 5,000 square ft. facility with a 5,000 square ft. staging yard. Rent for the new space is projected @ 1.50 sq. ft. NNN and is noted on the recast as a positive add back. Well established business (+47 years) serving a diverse clientele of public and private companies. It's a local welding shop specializing in smaller jobs and are known for a quick turnaround and their expertise in handling a wide variety of materials to weld or fabricate. SBA preapproved 80% loan.
Inventory (included):
$10,000
FY 12 Months Ended
8/31/2019
$654,037
(Sales)
$175,795
(Adjusted Cash Flow)
FY 12 Months Ended
8/31/2018
$759,792
(Sales)
$323,913
(Adjusted Cash Flow)
FY 12 Months Ended
8/31/2017
$952,804
(Sales)
$369,245
(Adjusted Cash Flow)
FY 12 Months Ended
8/31/2016
$990,196
(Sales)
$419,150
(Adjusted Cash Flow)
# of Employees | Full Time | Part Time |
Non-Owners | 2 | 0 |
Owners | 1 | 0 |
Hours of Operation
Monday - Friday 8:00 / 4:00
Licenses Required:
Monthly Rent Including NNN:
$0
Expires:
N/A
Option:
No
Size(sq.ft.):
0
Type of Organization:
C Corp
Reason for Sale:
Retirement
Training:
2 weeks 40 hours
Disclaimer: The information provided herein is compiled from information provided by the seller(s). Business Team (CA BRE 01160661) makes no representation as to its accuracy or reliability. Prospective buyer(s) should rely upon their own verification and that of their financial advisors with respect to this information.