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HOT! Heavy Steel Manufacturer / Job Shop- W TN

TN

HOT! Heavy Steel Manufacturer / Job Shop- W TN
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Asking Price: $1,900,000

Cash Flow: $512,000

Gross Revenue: $1,850,000

EBITDA: N/A

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.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
18,750
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
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.
Competition:
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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