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Business For Sale

INDUSTRIAL FABRICATION FACILITY WITH REAL ESTATE

Attn: Lanier Chew
Mobile Area, AL, USA
Listing Number: "N389-LC"
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Asking Price: $2,000,000 USD USA Dollars
Business for Sale Industry: Manufacturing: Metal Products  
Reason for Selling: Retirement
Year Established: 1981
# of Employees: 21 Full Time
Yearly Revenues: $2,710,084
Yearly Cash Flow: $237,243
 

Business for Sale Overview:

Founded in 1981 this metal business has grown into an established industrial fabrication facility specializing in general industrial manufacturing and shop fabrication and repair of ASME Section VII Division-1 vessels, API shop fabricated storage tanks and multi-purpose portable modular skid-mounted units. Located in an area that was just listed as the Number One city for the fastest economic growth for the next 5-years. The business has a fiscal year ending March 31, and for the first quarter of this new fiscal year they have billings of $447,361 and new work on the books totaling $1,500,000. Products include: bins, hoppers, tanks, pressure vessels, ducts, cylinders, boilers, control panels, building components and much more. Customers include: chemical plants, paper mills, construction companies, engineers, state docks, and others in the Southeast and beyond. They are authorized for the production of pressure vessels and tanks to demanding code specifications and are ASME certified. They use the latest software for calculations, design, analysis and drafting. They do not perform any fieldwork or structural work. The company is unique in that they have an in-house machine shop and can do all this work at the facility. Large equipment list includes: 5 overhead cranes, 2 mobile cranes, fork lifts, flat bed trailers, plate rolls, tubing machine, radial drill, press break, shears, plasma welders, 3 trucks, tractor and much more. A new 2,360 square feet office & 17,145 square feet in shop, painting & blasting buildings. Owners will stay for smooth transition and training, experienced employees. Access to interstates, barges and railway. Real estate included in the price. Owners motivated.


Property Features and Assets:

19,515 square feet building; 6 Acres; included in sale price


Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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