Manufacturing (Industrial Metal Applications)

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1st Time on Market - Retirement Sale
Asking Price:
$1,800,000

Gross Revenue:
$4,500,000
Cash Flow:
$575,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$100,000
included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
$1,600,000
not included in asking price

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Business Description

This business is a multiple decade old manufacturing company specializing in the quality fabrication of industrial products for a spectrum of industries including utility, power, and co-generation plants; refinery and chemical plants; aerospace facilities; the marine industry; wood product & steel mills; the pulp & paper industries; and the communications industry. Products fabricated include structural steel, tanks, ductwork, cones, transitions, skids, platforms, ladders, hoppers, bins, conveyors, and stacks. Materials used for fabrication include carbon & stainless steel, alloys, and aluminum. Fabricated products are shipped regionally, nationally, and internationally.

About the Business

Real Estate:
Owned
Facilities:
The manufacturing facility is located on a 3.74-acre parcel of real estate with three buildings. The main building is 18,792 square feet, the secondary building is 3850 square feet with 400 square feet of mezzanine, and the final building is 1400 square feet. Ownership will consider offers to purchase the business that simultaneously purchase the real estate or lease the space.
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About the Sale

Reason For Selling:
Retirement
Training/Support:
The seller will provide an appropriate transition training/consulting period to smoothly transfer ownership of the business.
Seller Financing:
The seller will finance 50% of the business transaction for a qualified buyer

Listing Info

ID:
1494198
Ad Detail Views:
46

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Business Listed by

Gregory Kovsky

IBA - 2686

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