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Metal Fabrication Plant |
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Location: |
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Industry: Manufacturing > Other
Manufacturing |
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Business Summary |
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This firm is involved in general industrial manufacturing
and shop fabrication of metal products such as tanks, pressure vessels,
ducts, cylinders, boilers, control panels and much more. Customers include
chemical plants, paper mills, construction companies, engineering firms,
state docks and others. The business is qualified for the production of
vessels to very strict code specifications, and is ASME certified. The firm
uses the latest software for calculations, design, analysis and drafting. The
company does not perform any fieldwork or structural work, and is unique in
that they have an in-house machine shop and can do all who work at the
facility. There is a large and extensive equipment list. The office area is
composed of approximately 2300 square feet, plus 17,000 square feet in the
shop, painting and blasting buildings. Plenty of work is booked well into
2008. The owner is committed to a smooth transition and will thoroughly train
a new owner. The real estate is included and represented by licensed real
estate broker, Lanier Chew, of Sunbelt Business Brokers. |
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BizQuest ID: 884537 |
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Financials |
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Asking Price: $2,200,000 |
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Gross Revenue: $2,633,000 |
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Cash Flow: $436,000 |
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Inventory: $50,000 (Included in
Asking Price) |
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FF&E: $700,000 (Included in
Asking Price) |
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Real Estate: $650,000 (Included in
Asking Price) |
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About the Business |
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Year Established: 1982 |
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Employees: 20 full time |
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Market Outlook and Competition: |
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About the |
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Reason For Selling: Retirement |
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Contact: William Bruce