Fabrication / Welding / Pipe Distribution Business
Location Michigan,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $10460000
Net Profit / Cash Flow $800000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1900
Number of Employees 20 - 34
Relocatable No
Number of Employees 20 - 34
Real Estate Owned
Training Negotiable.
Reason for Sale Retirement.
Description Iron and Steel Pipe and Tube Manufacturing from Purchased Steel
Iron and Steel Pipe and Tube Manufacturing from Purchased Steel For nearly 50 years, this Midwest company has established a solid brand within the structural steel fabrication industry and have completed many high profile projects across North America. The company has grown into four segments and capitalizes on customer and product diversification. Each segment is a stable, mature, and consistent profit contributor. The company has tremendous growth potential and is positioned to take advantage of future homeland security initiatives. The management team has a great wealth of knowledge and experience that will ensure a successful transition.
Asking Price $7,500,000
Revenues $10,460,000
Cash Flow $800,000
Adjusted EBITDA $800,000
Real Estate $500,000 - 2 locations - included in asking price
Reason for Selling Retirement
Number of Employees 24 Full-time, 2 Part-time
Building Size Building Size: 25000 sq ft
Equipment $260,000 (Included in Asking Price)
Inventory $2,200,000 (Included in Asking Price)
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