Steel Fabrication Erecting biz. Grow with Automation $1.3M Profit
Business Description
Highly profitable 34 year business, run by old school operator the old fashioned way.
Seller has plans to 4x both sales & capacity; but, his partner does not have the energy to do it-so he needs a buyer to see this fulfilled.
((Includes 5+M of receivables, all inventory, 3M of real estate, includes everything ))
Seller just purchased land next door to make it happen; they are always busy with the work they can produce. Buyer could add a night shift, by asking existing supervisor oversee production. Employees very happy and enjoy their jobs.
Seller will stay on -indefinitely- for the right fit, reducing his role to sales and assisting buyer to 4x sales & capacity.
Seller immigrated to the US, started as a line worker, no education, but learned the business and expanded. Every one of the 3 expansions he did, filled the void within months at the new expansion capacity.
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.
The new economy will need lots of steel production. Can you grow together in the next new wave of manufacturing?
Seller has plans to 4x both sales & capacity; but, his partner does not have the energy to do it-so he needs a buyer to see this fulfilled.
((Includes 5+M of receivables, all inventory, 3M of real estate, includes everything ))
Seller just purchased land next door to make it happen; they are always busy with the work they can produce. Buyer could add a night shift, by asking existing supervisor oversee production. Employees very happy and enjoy their jobs.
Seller will stay on -indefinitely- for the right fit, reducing his role to sales and assisting buyer to 4x sales & capacity.
Seller immigrated to the US, started as a line worker, no education, but learned the business and expanded. Every one of the 3 expansions he did, filled the void within months at the new expansion capacity.
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.
The new economy will need lots of steel production. Can you grow together in the next new wave of manufacturing?
About the Business
- Years in Operation
- 34
- Employees
- 19
- 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
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 21,000
About the Sale
- Transition Support
- 30 days training included with sale; owner will stay on for a year or so
- Financing Options
- The SBA 7a limit is only $5Million; you need conventional on this deal
Listing Info
- ID
- 2371897
- Listing Views
- 1395
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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