Business For Sale

Turnkey Metal Fabrication Company in Houston

Houston area, TX
Harris County

Asking Price: Annual Revenue:
$2,962,000 Not Disclosed

Manufacturing: Metal Products

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RE: Turnkey Metal Fabrication Company in Houston Broker: rob bowman

Quick Facts

Asking Price: $2,962,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $862,000
Real Estate: $2,100,000
Year Established: 1995
Employees: 15
BBN Listing #: 13813260
Broker Reference #: 7303RB

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Business Overview:

Selling business for estimated value of the Assets. Premier metal fabrication company, established in 1995. The current owner has other, non-business, interest outside of the U.S. and is on location only 1 week each month. Plant manager, finance manager and sales manager run the daily operations. Current owner is only involved on larger bids and overall direction of the company. The main competitive advantage of this company is an almost complete “turnkey” operation and rarely rely on outside sources, thus helping to keep cost down and allowing for quick turn-around times. Fabricates a variety of products such as Generator Houses, Drilling Rig Components, Helicopter Decks, High Pressure Heat Exchangers, SCR Houses, and Tanks. Capabilities include water jet cutting, piping, assembly, auto-cad design, sandblasting & painting, heavy & light fabrication, field installation, and transportation. Serves the Industrial, Petrochemical, Construction, Oilfield & Government sectors. Excellent facilities, great equipment and premier client list. Revenue was $10.9 million and Adjusted EBITDA of $1.4 million in 2008, before the economic downturn. Please refer to CBB Listing #7303RB

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Property Features and Assets:

41,350 Square Feet (6 freestanding buildings) on 7.4 acres of land.

Market Competition and Expansion:

Increase working capital to bid more jobs and larger jobs. Increase sales staff.

Reason for Selling:

Owner wants to devote his time to non-business ven

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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