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Businesses For Sale   >>   Mining Businesses For Sale   

Large Project Metal Fabrication Business

Location  Florida,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $1000000
Net Profit / Cash Flow  $400000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1981
Number of Employees  4 - 5
Inventory  150000
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Owned
Reason for Sale  Retiring.

Description  
This profitable business has made money every year in operation since it started in 1981. Due to health reasons the owner is facing retirement. He is happy to stay on consult in some capacity for the new owners. The business specializes in Large Scale Heavy Metal Fabrication Jobs, many of which are in the quarry and mining industry. The client base has been very loyal to the company and the margins are very favorable. You will be impressed when you see the operation : It is on 6.2 acres of parklike grounds, has a nice 1,200 square foot office connected to a 5,000 square foot Fabrication Shop. You have plenty of land to add more buildings later if you need more capacity. Three full time experienced welders that have been with the team for many years will stay. Nice three bedroom home adjacent to business is included and is currently being rented. The business is valued at $730,000, all in, and is being sold with the real property discussed for an additional $470,000. The books are spotless and bank lendable. Gross sales for year 2014 should be in excess of $1,000,000 and profits to the owner north or $400,000. This will sell fast and we are hoping to find someone with experience in fabrication for the perfect fit. Call Mike Kane to discuss at 813-454-4865.


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