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  • RE:  Manufacturing Steel Products
  • Contact:  Robert Griesgraber
  • License #: 521686

Quick Facts

Asking Price: $4,100,000
Annual Revenue: $2,725,206
Net Profit: $850,000
Cash Flow: $1,000,000
Total Debt: Not Disclosed
FF&E: $500,000
Real Estate: $1,500,000
Year Established: 1980
Employees: 10
BBN Listing #: 943965
Broker Reference #: 8643

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Business Overview:

Established over 50 years ago. Manufactures steel products sold in Minnesota and midwest region. Owner/founder  retiring. Sales have ranged from $2.7 million to over $3 million in past three years. SDE about $1 million assuming owner operator. Owner owns the real estate the business occupies and is included in the sale. Owner is the only salesperson and has slowed done in the past few years. Potential for growth with more of a sales effort.

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Property Features and Assets:

18,000 square feet on about .86 acre in St. Paul, MN

Market Competition and Expansion:

Potential for growth with sales/marketing. Industry virtually recession proof.

Reason for Selling:


Additional Details:

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

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