Business Overview:
Premier metal fabrication company, established in 1995. The current owner has other, non-business, interest outside of the U.S. and is on location only 1 week each month. Plant manager, finance manager and sales manager run the daily operations. Current owner is only involved on larger bids and overall direction of the company. The main competitive advantage of this company is an almost complete “turnkey” operation and rarely rely on outside sources, thus helping to keep cost down and allowing for quick turn-around times. Fabricates a variety of products such as Generator Houses, Drilling Rig Components, Helicopter Decks, High Pressure Heat Exchangers, SCR Houses, and Tanks. Capabilities include water jet cutting, piping, assembly, auto-cad design, sandblasting & painting, heavy & light fabrication, field installation, and transportation. Serves the Industrial, Petrochemical, Construction, Oilfield & Government sectors. Excellent facilities, great equipment and premier client list. Company debt possibly assumable by the right buyer. Revenue was $10.9 million and Adjusted EBITDA of $1.4 million in 2008, before the economic downturn. The business has returned to profitability and is growing again.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
41,350 Square Feet (6 freestanding buildings) on 7.4 acres of land.
Reason for Selling:
Owner wants to devote his time to non-business ven
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: