Texas Established Metal Fabrication Company For Sale

Price $7,000,000

Business Description

Video Executive Summary Below.

Successful Metal Fabrication Company For Sale For $7,000,000! Established Since 1995. Strong business with an extremely, impressive, prestigious, customer base! This sale includes a business valued at approximately $5 million, (7.4 acres of prime real estate, shop & office facilities & equipment & tools valued at approx. $4 million plus assets that belong to the operating company (inventory & vehicles) valued at approx. $1 million. Real estate & equipment will be leased if not purchased).
This company has a profit margin of around 10-20%. The company has a very good sales, office crew & excellent plant crew that are all willing to stay with new owners if wanted or needed. The craftsmen all specialize in stainless & carbon steel, brass, copper & aluminum. Owner states that the true value is in the skilled people that the company employs. Turnkey services include: Auto Cad design, Assembly, Field Installation, Light & Heavy Fabrication, Sandblastingm Painting, Water Jet Cutting & Transportation.
Current projects include: 70% of buisness is for off shore oil drilling platforms or oil and gas related industry. The remaining 30% of the business in Storage facilities, SCR Houses, Skids, Plug Panels, Doors, Counter tops, Dog Houses, Vent Hoods, Railings, Ornamental Handrails & so much more. Owner invested $1.5 million. in 2007/2008 in building a new shops & sophisticated cutting equipment (water jet) to increase the income of the company by $4-$5 million.
The Plant Facility consists of :
- Free standing heavy duty metal buildings, insulated, concrete floor, with all utilities, 22,000 sq.ft.;
- Free standing metal building, “Paint & sandblast Shop”, concrete floor with paved driveway, all utilities, 6,000 sq.ft.;
- Covered Shop space with the roof cover & concrete floor (7500 sq.ft.);
- Free standing metal building, “Mechanic Shop”, concrete floor, 1,500 sq.ft.;
- Lay down area, crushed concrete area for heavy duty storage, total of 40,000 sq.ft.
Office facility includes:
- Office building, new,
- 10 offices
- new furniture
- computer & phone systems & servers
- 2350 sq.ft.
- Brick house “Showroom”
- completely remodeled, 2,000 sq.ft.
Employee parking,
- crushed concrete floor,
- 12,000 sq.ft.;
Office & guest parking
- concrete floor, 5,500 sq.ft.;
Heavy duty driveway
- 7” concrete
- 26,000 sq.ft.
New fence, several sections.