Texas Tank & Vessel Manufacturer #2006

Not Disclosed, TX

Customer base is primarily in Houston, TX.


Asking Price: Annual Revenue:
$3,900,000 $3,856,162

Manufacturing: Metal Products


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RE: Texas Tank & Vessel Manufacturer #2006 Broker: Gateway Mergers & Acquisitions

Quick Facts

Asking Price: $3,900,000
Annual Revenue: $3,856,162
Net Profit: Not Disclosed
Cash Flow: $524,247
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1979
Employees: 14
BBN Listing #: 620936164
Broker Reference #: 2006

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Business Overview:

Tank and Vessel Manufacturer with over 40-year history in Texas is now for sale. This metal manufacturing plant fabricates, repairs and re-conditions pressurized and non-pressurized tanks and vessels. Customers are in the commercial and industrial refrigeration, utility, chemical process and petrochemical industries. Employees are highly skilled, knowledgeable and have a track record of providing stellar customer service. Majority of the customer base is in-state. Potential for regional and national growth is unlimited. The purchase price includes the furniture, fixtures, equipment, and Goodwill of the operating business. Price also includes the Real Estate. Ideal owner will have direct industry experience in the Manufacturing industry with some knowledge of engineering. This is neither an offer nor a solicitation to sell securities. Real Estate Brokerage License on file. For more information, please contact Gateway Mergers & Acquisitions. Please use email reply button of this ad to contact us.

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Property Features and Assets:

Four (4) buildings on property with easy ingress/egress from the main road. Two of the buildings are used in the day-to-day operations of the business. The other (2) buildings are currently leased and are monthly income to the business. An additional 10 Acres is included in the purchase price for expansion of the current business or a new owner's diversification into another opportunities.

Market Competition and Expansion:

Over 40 years manufacturing excellent products and providing stellar customer services. Employees are tenured, skilled and knowledgeable. Majority of the customer base is in-state. Potential for regional and national growth is unlimited. Currently, a small portion of the revenue is generated from out-of-state customers. Developing a marketing plan and sales team could dramatically increase revenues generated from outside of Texas.

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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