Specialty Metal Manufacturing & Plant Maintenan...

Columbia, SC
Lexington County


Asking Price: Annual Revenue:
Not Disclosed $4,061,000

Manufacturing: Metal Products


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RE: Specialty Metal Manufacturing & Plant Maintenan... Broker: Bill Law
Owner Financing is Available!

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $4,061,000
Net Profit: Not Disclosed
Cash Flow: $473,000
Total Debt: Not Disclosed
FF&E: ON REQUEST
Real Estate: Not Disclosed
Year Established: 1979
Employees: 30
BBN Listing #: 832238766
Broker Reference #: CHARLNC001-N777

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Business Overview:

This company was founded by the owner about 40 years ago and he is looking to retire. They have a facility with tall ceilings and over-head cranes in excess of 100,000 total SF, but some of their work is done on site in various customer sites for manufacturing/industrial settings. As a result, there are numerous commercial vehicles included in the asset list. Some work includes tanks, vessels, hoppers, conveyors, duct-work, electrical, epoxy flooring, exhaust stacks, fan housings, lighting upgrades, maintenance, material handling, ovens, piping and plant re-location. Customers include all types of Industrial and Commercial applications. There are 30 employees total. This is a "C" Corporation so the structure of the sale needs to be tax friendly. The owner owns the real estate personally and has a strong preference to sell the business and real estate together. There is no formal asking price but the Seller believes the real estate is in the $2M to $2.5M range while the business is likely in the $1M to $2M range. There is approximately $500k in adjusted earnings annually, but this does include rent paid to the owner.

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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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