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HOT! Heavy Steel Manufacturer / Job Shop- W TN


Exhaust stack being loaded for transport
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Asking Price: $1,900,000

Cash Flow: $500,000

Gross Revenue: $1,850,000


FF&E: $375,000

Inventory: N/A

Real Estate: $375,000

Established: 1969

HOT! Heavy Steel Manufacturer / Job Shop- W TN

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Business Description

Very Profitable

Full-service Job Shop, specializing in very large custom carbon and stainless and structural steel fabrication: tanks, storage bins, exhaust stacks, trusses, collection hoppers, cleaning units and many, many other kinds of equipment developed for custom need and manufacturing industry plant installations.

9 full time welders/machinists and 1 part time painter use the latest products and technology to provide superb workmanship and quality at maximum cost efficiency.

Facilities: The real estate, a 18,750 sf shop (with offices) on 2.06ac ($375,000) is available as part of the asking price. The plant's location provides especially easy access to truck, rail, and barge.

February 2020 YTD volume: $1.87M
$2M gross expected by fiscal year-end, 3/31/20.

Detailed Information

Real Estate:
Included in asking price
Building SF:
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
18,750 sf shop (with offices) on 2.07ac ($375,000) is available as part of the asking price. The plant's location provides especially easy access to truck, rail, and barge.
The best steel fabricator in the South, known for excellence in quality work performance and the highest standard of business integrity, has earned the customer loyalty from a growing list of household name, Fortune 500 companies.
Growth & Expansion:
Owner has the luxury now to be selective in customers, able to decline potentially unprofitable or slow turn projects. Financing long term projects has not been a problem, but might be for an under-capitalized buyer.
Support & Training:
30 days plus
Reason for Selling:
retirement / other business interests
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William Oates

Business Listed By:
William Oates

Alliant Capital Advisors LLC

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Sponsoring Broker:
Bill Marrero

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