Manufacturer of Loading Racks, Safety Platforms

Not Disclosed, TX
Harris County


Asking Price: Annual Revenue:
$995,000 $2,664,996

Manufacturing: Metal Products


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RE: Manufacturer of Loading Racks, Safety Platforms Broker: Robert Latham
Owner Financing is Available!

Quick Facts

Asking Price: $995,000
Annual Revenue: $2,664,996
Net Profit: Not Disclosed
Cash Flow: $394,233
Total Debt: Not Disclosed
FF&E: $247,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 25
BBN Listing #: 406444107
Broker Reference #: 76931-685064

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Business Overview:

This company designs and manufacturers customized loading racks, safety platforms, gang planks, fall protection and access solutions. Built for permanent installations primarily to the bulk transport industry and terminal operators for truck, rail and maritime modes of transport. Well known for high quality and long lasting products. Established 40yrs ago, this company has a list of blue chip customers, generally steady revenues and good customer diversification. Real estate is priced separately, and will be part of the transaction.

High return on cash invested - approaching 50% cash on cash returns with typical financing, even after owner draw/salary.

Great opportunity for sales minded entrepreneur with production experience.

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Property Features and Assets:

A 17,000 Square Feet manufacturing facility, crane served with heavy power and substantial laydown yard with additional 2,700 Square Feet storage building.

Market Competition and Expansion:

Initiate outbound sales and marketing efforts and develop a network of manufacturer's reps. Expand into a past product line with very good proven potential. Expand to the temporary and portable safety platform market.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • 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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