Specialized Industrial Tank Manufacturer for Sale

Not Disclosed, MN


Asking Price: Annual Revenue:
Not Disclosed $4,571,000

Manufacturing: Metal Products


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RE: Specialized Industrial Tank Manufacturer for Sale Broker: Greg Loeschke
Owner Financing is Available!

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $4,571,000
Net Profit: Not Disclosed
Cash Flow: $1,130,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 293236105
Broker Reference #: Not Disclosed

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Business Overview:

Well established manufacturer of highly engineered carbon steel and stainless steel industrial tanks. The company also produces a large number of other related steel industrial parts and equipment. All products are built to exacting specifications for installation in large processing systems. The company is very well known for their workmanship, very high quality and on-time delivery.

2018 revenue was $4,571,000, up 14% from 2017 revenue of $4,019,000. 2018 adjusted EBITDA was approximately $1,130,000, also up 14% from 2017 EBITDA of $987,000. There are a number of new revenue and profit opportunities available to the Buyer to continue to grow and expand the business. The owners are committed to an orderly and successful transition of at least one year, and possibly longer if necessary. All employees are expected to want to stay on with the new owner.

Please reply to receive a one-page summary and Non-disclosure Agreement. Sign and return the NDA to receive an electronic copy of the Marketing Memorandum that has been prepared for the company.

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Market Competition and Expansion:

There are a number of new revenue and profit opportunities available to the Buyer to continue to grow and expand the business.

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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