Steel Fabrication Erecting biz. $3,827,421 Profit. 4X this with Seller
Business Description
Seller needs A NEW buyer to 4x sales & capacity on existing facility. Production filled within weeks. His partner cannot do 4th expansion for health reasons-so he needs new buyer to fulfill his vision. Seller wants an ambitious buyer who loves growth and achievement. Seller expanded 3 times in the past.
>>Seller will stay on -indefinitely- for the right fit, reducing his role to sales and assisting buyer to 4x sales & capacity. Business has Happy Long Term Employees who enjoy their jobs.
>>Run by old school operator the old fashioned way; seller immigrated to the US, started as a line worker; with limited English & minimal school, curious, ambitious and eager to serve made up for this.
Seller has done expansions 3 times, each time Seller filled production within months at the new expansion capacity.
>>Seller just Acquired land next door to start this; new capacity has always been filled within a month.
Seller is old school; a buyer who can automate this company, will yield tremendous payback as well.
Business Includes everything. Receivables, Work in progress, Real Estate, business, inventory, large cranes and other large machines, able to cut, fabricate, transport, erect and install new structures that endure.
+Sale includes: $5M+ receivables, Work In Profess, nearly $1M of inventory.
-Real Estate priced separately in the notes here, just $2.5M for $3M of real estate
Buyer can add night shift, asking existing supervisor oversee production.
The emerging new economy will need far more steel production. Ride this next new wave of manufacturing
>>Seller will stay on -indefinitely- for the right fit, reducing his role to sales and assisting buyer to 4x sales & capacity. Business has Happy Long Term Employees who enjoy their jobs.
>>Run by old school operator the old fashioned way; seller immigrated to the US, started as a line worker; with limited English & minimal school, curious, ambitious and eager to serve made up for this.
Seller has done expansions 3 times, each time Seller filled production within months at the new expansion capacity.
>>Seller just Acquired land next door to start this; new capacity has always been filled within a month.
Seller is old school; a buyer who can automate this company, will yield tremendous payback as well.
Business Includes everything. Receivables, Work in progress, Real Estate, business, inventory, large cranes and other large machines, able to cut, fabricate, transport, erect and install new structures that endure.
+Sale includes: $5M+ receivables, Work In Profess, nearly $1M of inventory.
-Real Estate priced separately in the notes here, just $2.5M for $3M of real estate
Buyer can add night shift, asking existing supervisor oversee production.
The emerging new economy will need far more steel production. Ride this next new wave of manufacturing
About the Business
- Years in Operation
- 34
- Employees
- 13 (10 Full-time, 1 Part-time, 2 Contractors)
13 - Facilities & Assets
- 2.25 Acres, 6,000 SF office, 15,000 SF Plant. Comes with Plant, cranes, oversize industrial machinery to do any job. Building, land, cranes, large grinding-cutting-moving-saws and more
Plenty of land for expansion in the front, back and next door property they just purchased-all included. - Website
- https://tangentbrokerage.com/search/?listingId=cmb6vg6iy0018lh07rzemhw5x
- Market Outlook / Competition
- Growing
- Opportunities for Growth
- Seller already expanded 3 times in the past; but- seller needs A NEW buyer to 4x sales & capacity on existing facility. Production filled within weeks. His partner cannot do 4th expansion for health reasons-so he needs new buyer to fulfill his vision. Seller wants an ambitious buyer who loves growth and achievement.
>>Seller will stay on -indefinitely- for the right fit, reducing his role to sales and assisting buyer to 4x sales & capacity.
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 21,000
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- 30 days training included with sale; owner will stay on for a year or so
- Financing Options
- Conventional Financing only, deal exceeds SBA 7A limit
Listing Info
- ID
- 2371897
- Listing Views
- 1572
Listing ID: 2371897 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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