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37396- Precision Stainless Steel Machining Metal Fabricator

For Sale in TX

Listing ID: 37396 | Broker Listing ID:

Financial & Assets Details

$723,000
$1,662,000
$640,000
$20,000
Yes
$1,525,000

About the Business

Yes
1979
4 FT
Yes

Business Description

Approximately $800,000 in working capital to be included at time of sale! With profit margins trending over 25%, the company specializes in manufacturing precision custom stainless-steel, aluminum, alloys and metal products for the oil and gas, and construction industries. The company manufactures parts which include accessories for valves, drilling parts, brackets, guards, panels, and specialty building parts. Revenue Breakdown by Market: Oil & Gas: 80%, Commercial & construction: 20%. Located in the Greater Houston Area, the company operates from three buildings totaling 17,150 square feet that are available to lease or purchase additionally. The company has a proven track record, supported by customers over the years. With its broad range of products and services, the company’s marketing efforts focus on targeting oil and gas refineries, large commercial building contractors, and other specialty building product manufacturers within a 50 to 100‐mile radius. For 2018, sales are currently projected over $1,000,000. Some owner financing may be negotiable for the right buyer, contact IAG offices today!

Seller Financing

Negotiable for the right buyer

Support & Training

The current owners will be available for a standard transition and an extended consultation is negotiable. The other employees would stay on.

Listing ID: 37396

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