UNDER LOI Custom Steel Fabrication, SBA Preapproved ~$240k down.

Sale Pending

Asking Price$1,600,000

Cash Flow
$410,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,100,000

Inventory$50,000
Included in asking price
FF&E$500,000
Included in asking price
Real Estate$700,000
Included in asking price
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UNDER LOI Custom Steel Fabrication, SBA Preapproved ~$240k down.


Sale Pending

Asking Price$1,600,000

Cash Flow
$410,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,100,000

Inventory$50,000
Included in asking price
FF&E$500,000
Included in asking price
Real Estate$700,000
Included in asking price

Seller Financing Available
Business Description
This Owner-Operated business is Booming (no outgoing sales effort) at this highly regarded custom fabrication shop.
Very well-equipped and perfectly laid out shop with a skilled (non-union) workforce.
This business is very systematic with project flow plans in place.
A beautiful website is in place.
Priced for immediate sale.
$400k in backlog.
NO CAPEX needed.

Local Lender, SBA preapproved at approx. $240k down. Buyer dependent.

Disclaimer: All info provided is estimated.
About the Business
Facilities & Assets
18000 square feet of which approx. 4000 square feet of office, conference room, and storage.
This centrally located (to the main customer base) is solidly built with ALL new mechanicals in the last 3 years.
Loading/unloading/material handling with overhead cranes. 5-ton remote-controlled crane in the dock and overheads throughout the shop area for work handling.
Real Property has been appraised and passed Phase II.
Market Outlook / Competition
This Company is the undisputed market leader with an exceptional reputation.
A great mix of commercial, industrial, and residential customers.
Opportunities for Growth
An outbound sales effort would lead to exceptional growth.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
18,000
About the Sale
Seller Motivation
Owner is late 60's, Retirement
Transition Support
Up to 90 days and then continued off-site consultation. The owner is in their late 60s and time to retire.
Financing Options
Very limited for suitable buyer
Listing Info
ID
2434004
Listing Views
543

Contact Seller

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Business Listed by: Rick Rohac Rohac and Associates, LLC

Listing ID: 2434004 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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