Request More Information Contact the Seller
- RE: Structural Steel Fabricator With Real Estate Included
- Contact: Bill Law
Quick Facts
Asking Price: | $3,940,600 | |
Annual Revenue: | $3,000,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $800,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | $1,140,600 | |
Year Established: | 1985 | |
Employees: | 17 | |
BBN Listing #: | SB-51733 | |
Broker Reference #: | CHARLNC001-51733 |
Business Overview:
This multi-facet company has been established for many decades. The majority of their sales and profits lie in structural steel fabrication as they have a facility ideally suited for their needs with many over head cranes. They also have limited competition in the markets they cater to. However, they also have several other profit centers including commercial truck repairs, hydraulic hose and fittings and other industrial parts supply. The owner would like to sell the real estate (appraised at just over $1.1 Million recently) with the business which is separately priced at $2.8 Million but includes a lot of equipment and inventory. The owner is ready to retire and he does not have other family members to pass the business down to. This business is best suited for a hands-on owner operator but it might be possible to manage somewhat remotely. Structural Steel sales are approximately $2.5 Million annually while the other divisions represent just over $500k in sales. Seller's discretionary earnings are approximately $800,000 with most of this shown as profit on the tax return for 2021. 2022 sales and profits are trending along that of 2021. Buyers will need to provide a signed Confidentiality Agreement and provide other info prior to getting more details on this listing. Bill Law is the listing broker cell 704-904-6624 bill@sunbeltbrokers.biz
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.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more South Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information