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- RE: Manufacturing Steel Products
- Contact: Robert Griesgraber
- License #: 521686
Quick Facts
| Asking Price: | $4,100,000 | |
| Annual Revenue: | $2,725,206 | |
| Net Profit: | $850,000 | |
| Cash Flow: | $1,000,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $500,000 | |
| Real Estate: | $1,500,000 | |
| Year Established: | 1980 | |
| Employees: | 10 | |
| BBN Listing #: | 943965 | |
| Broker Reference #: | 8643 |
Business Overview:
Established over 50 years ago. Manufactures steel products sold in Minnesota and midwest region. Owner/founder retiring. Sales have ranged from $2.7 million to over $3 million in past three years. SDE about $1 million assuming owner operator. Owner owns the real estate the business occupies and is included in the sale. Owner is the only salesperson and has slowed done in the past few years. Potential for growth with more of a sales effort.
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Property Features and Assets:
18,000 square feet on about .86 acre in St. Paul, MN
Market Competition and Expansion:
Potential for growth with sales/marketing. Industry virtually recession proof.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Minnesota businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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