Steel Fabricating Shop (ID: 734355)

Seller Financing Available!
Asking Price: $6,500,000
Gross Revenue: $9,181,167
Cash Flow: $1,892,000
Inventory: $190,000 ++
Real Estate: n/a ++
FF&E: $350,000 ++
Business Listed by Eric WhiteEBB Group of TexasView All of My Listings
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Business Description

This company was established in 1974 and enjoys a tremendous reputation for quality and service. Empire Business Brokers is offering for sale a steel fabrication company in the Dallas-Ft. Worth area. After incorporation in 1974, the business has steadily grown to the present sales revenue of $9.181 million.

The company is located in an ideal location off of Hwy. 190 in North Dallas. The company currently employs 22, including the owner. The business is housed in a 34,900 sf facility ( with 3000sf of office space ) on 5.6 acres of land. There are 8 overhead doors in the facility, with no EPA issues. The building houses 2 bays: 55’x300’ and 60’x180’. The company works under general contractors, with McFadden and Miller being their largest customer and EMJ #2. They have specialized in warehouses and retail stores, including Lowes hardware stores and Best Buy.

The company enjoys a tremendous reputation in the marketplace and is a well known resource to all North Texas contractors. They do very little advertising as word-of-mouth is so strong. They presently do not do any erection work, but that would be an avenue to greatly grow the business. They do about 50% of their business in DFW and 50% outside the area.

Assets of the company include over $150,000 in inventory ( carried as work in process ) and equipment and vehicles valued at approximately $200,000. The real estate is priced separately and can be included in the sales price. The company has had very little turnover and there is a good working environment.

This is a tremendous opportunity for the right buyer that is looking for a stable business with great growth potential.

About the Business

Year Established: 1974
Number of Employees: 22FTE;

Facilities: 34,900 facility on 6 acres in a prime Dallas suburb

Market Outlook/Competition: Very established with strong reputation giving it a competitive edge. The last two years they have greatly increased the amount of out of state business with large company chains such as Lowes and Whole Foods

About the Sale

Reason For Selling: Owner is retiring

Gross Revenue Comments: was $7.32 mil in 2005

Cash Flow Comments: Great growth in out of state business

Seller Financing: Negotiable

LISTING KEYWORDS: Steel fabrication

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