Seller's Contact Information

  • RE:  Fabrication And Welding Company In Kansas
  • Contact:  Rex Reinhardt
Owner Financing is Available!

Quick Facts

Asking Price: $2,100,000
Annual Revenue: $2,200,000
Net Profit: $500
Cash Flow: $780,000
Total Debt: Not Disclosed
FF&E: 1,400,000
Real Estate: Not Disclosed
Year Established: 1990
Employees: 10
BBN Listing #: 653641672
Broker Reference #: Not Disclosed

Email or Print Listing

Business Overview:

Project Welding is a fabrication and welding company located in Kansas in a town between 15,000 and 30,000 people. Employing about 10 people, the company is involved in several end-markets: Agriculture, Industrial and Oil & Gas. With a solid asset base and NO debt, the company is a “one stop shop” for Welding and Fabrication needs, with capabilities such as a paint booth, CNC machines, sheer break and roll, filled trucks, powder coating oven and water jet table. The company also has “remote stamping” capabilities, which allows it to get repairs done in the field. The company also does quite a bit of Revenue in Cargo and Trailer inspection, which is an annual requirement and “recurring revenue”. This then leads to additional repair, welding and fabrication work where needed on top of the inspection cost, providing an excellent revenue line for the company.

Business Highlights:
Company Growth: Geographic expansion makes the most sense, as it’s already started in adding a second branch in Eastern KS. Adding another in Kansas City or even further west in Kansas to penetrate the packing plants would be sensible next locations. It does no advertising and marketing right now, nor a sales force in place.
Market Channels: The company predominantly serves customers in the Transportation, Agriculture, Industrial and Oil & Gas industries.
Competitive Advantage: being a “one stop shop” for customers needs helps the company handle several pieces to the supply chain for customers.
Management: Current CEO has been with the business for 30 years, and would stay on to help as needed to transition the business. There is a General Manager currently with the business who runs the day to day, and consequently the owner has been in “semi-retired mode” for the last 2 years. This makes the business more transitable to new ownership.
Industry Growth: The Welding market was valued at $2B in 2020 and is expected to grow at a CAGR of 2.3% through 2028. The Sheet Metal Fabrication industry is expected to grow at 5% through 2025 .
Financials: Little debt, high asset base and excellent candidate for financing. Consistent Revenue and Cash Flow over the years with great end-markets and customers. NO customer over 20% of Revenue.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Documents:

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