UNION BAY GROUP
3401 Evanston Ave. N. Ste. A
Seattle, WA 98103
UNITED STATES
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Motivated owner ready to sell. All offers received will be seriously considered.
Company is a complete job shop with a wide range of engine lathes and CNC lathe, milling machines and CNC mill and drill presses, all of which are equipped with digital read-out systems to insure quality, close tolerances and productivity. The company offers a complete line of welding equipment and metal fabrication equipment and has the equipment and capability to move and set all types of industrial machinery. They also rebuild and pressure test hydraulic cylinders of all sizes. In addition to the shop, they have a Parts and Supply Department.
The Company works for a wide range of industrial customers including wood mills, gravel, furniture, engine builders, foam, pulp, fluff, asphalt, concrete, logging, farm, scrap, helicopter, auto, schools, universities, government and trucking.
Asking Price is less than Fair-Market Book Value on the Balance Sheet. Asking Price is three times cash flow.
FACILITIES: Shop / warehouse 20,800 sq ft + Office area 1,500 sq ft = 22,300 sq ft
NOTE: Owner prefers to sell the business assets and/or stock ($695,000) with the real estate (estimated to appraise for $200,000+). Total offering price: $895,000 with Real Estate, but owner is open to a lease agreement on the real estate.
REASON FOR SALE: retirement |
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