Diversified Metal & Structural Fab Shop For Sale
Location Tennessee,United States
Asking Price Range $500K - $1.0M
Gross Revenues $714166
Net Profit / Cash Flow $36811
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1994
Number of Employees 10 - 19
Inventory $195000
Relocatable No
Number of Employees 10 - 19
Real Estate Owned
Training The owner stands ready to pass this on and will work closely to ensure a good transition for the new buyer.
Reason for Sale Retirement.
Description Growing and successful, long time, custom sheet metal and structural fabrication is available in Middle Tennessee and has turned the corner after the recession. Over the last 17 years, the growth has been steady and consistent. The machines and equipment are in excellent shape and diversified to fit the needs of their customers for years to come. The operation is conducted out of two buildings, which are 2 blocks apart. The real estate is in good repair with continual maintenance being conducted. The founder is now ready to retire and to sell the business to someone to continue the reputation and growth of the company. *Cash Flow is based on an average of the last 3 years. Work in progress and backlog is current in the 6 figures and growing.
Facilities: Real estate is included in the asking price at the appraised value of $200,000. There is a total of 16,400 sq. ft. that is separated into an office, a machine shop and storage area. The buildings are typical metal buildings with excellent concrete floors throughout. They are located near well traveled thoroughfares and are connected to the Interstates by four lane highways.
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