Ethanol Plant Maintenance

Not Disclosed, IA


Asking Price: Annual Revenue:
$4,800,000 $7,256,948

Manufacturing: Energy, Oil, Petroleum, Gas Production


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RE: Ethanol Plant Maintenance Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $4,800,000 15% Buyer Down Payment: $720,000 10% Seller Financing: $480,000 75% Bank Loan: $3,600,000

Quick Facts

Asking Price: $4,800,000
Annual Revenue: $7,256,948
Net Profit: Not Disclosed
Cash Flow: $948,382
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: 40
BBN Listing #: 815334398
Broker Reference #: MFG001

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Business Overview:

With nearly $3.5M in assets, this company offers over a dozen services throughout seven states! The certified team of 30-40 highly skilled employees uses their expertise to provide pipe welding, millwrighting, plant maintenance, mechanical work, air & asbestos work, instrument installation, confined space rescue, hydro blasting, excavating, and demolition. Assets include over $1.5M in equipment comprised of welding machines, a plasma table, mobile trailer, oxygen equipment, grinding equipment, mechanical tools, and hand tools, along with $1.3M in vehicles and $620,500 in inventory. The owner currently manages financial oversight and does not do labor.

Most of the work is in a four-state zone of Iowa, Nebraska, South Dakota and Indiana, but they have frequent jobs in Texas, Georgia and North Dakota. They are equipped to handle work anywhere within the continental United States.

Growth opportunities would include marketing, as most work is currently acquired through word-of-mouth tactics. Setting up more jobs outside of the main four states would also allow for more growth and revenue. They also have an expertise in Mechanical and Elevator work that is currently an untapped market.

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.

Market Competition and Expansion:

Expanding Out of State work, increase marketing.

Reason for Selling:

Retirement

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.

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