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Businesses For Sale   >>   Metals Manufacturing Businesses For Sale

Metal Fabrication Company - Oil & Gas Sector

Location  Texas,United States
Asking Price Range  $2.5M - $5.0M
Gross Revenues  $862418
Net Profit / Cash Flow  $140650
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1975
Number of Employees  10 - 19
Inventory  754000
Relocatable  No
Number of Employees  10 - 19
Real Estate  Owned
Training  Seller will train
Reason for Sale  Death of owner

Metal fabrication for oil and gas sector manufacturing firms is the primary activity. However, the firm holds several patents related to materials handling equipment which also results in the fabrication of proprietary equipment for use in refineries. The firm's history dates back to the 1970's with the same owner. In addition to the energy sectors, the firm also does some work in architectural metal fabrication. The business operates on a job shop basis and bids for work. Company strengths include metal fabrication knowhow, water jet cutting service, a large manufacturing facility and many industry contacts. The business has a staff including operations and production managers and is operating. The property is located in Northwest Houston with frontage on a major highway and has convenient access to state and interstate roads. There are about 25 active accounts. Business is for sale due to sudden death of the owner. Although sale of the real estate is part of the offering, seller is open to leasing the property. Also, seller will consider some seller financing for a qualified buyer. Optional accounts receivables of $100,000+ are also available. It is a first rate company with a bright future to continue and expand, but it needs an owner at the helm. Please refer to CBB Listing #7828DA

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