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Commercial and Industrial Steel Fabricators (37788)

ManufacturingFor Sale in TX

Listing ID: Commercial and Industrial Steel Fabricators (37788) | Broker Listing ID: BLP157246

Financial & Assets Details

5,000 over 2 acres+/-

About the Business

Started in 1996; partnered in 1999.
4 nonunion.

Business Description

Centrally located between three major metros in Southern Texas, this offering specializes in welding and fabrication from steel, stainless or aluminum products to structural framing for buildings, roofing, and hoisting systems, as well as decorative doors and gates. Utilizing waterjet machines for a positive shift in newer contracts, business also offers quality custom work built to specifications and can provide fabrication drawings in house. Servicing industrial and commercial customers within a 250 mile radius, the company has excellent reviews and a great reputation making it an ideal investment opportunity. The fabrication building of 5,000 square feet is situated on 2 acres of land and surrounded by 8-foot privacy fencing, available for purchase or a monthly tenancy of $3,000. Property is in excellent condition, comes zoned for unrestricted use, and features administrative space plus warehousing for project-varying inventory which includes stock of stainless steel and aluminum. Boasting consistent Owner Profit Margins of 29% to 35%, Revenues for 2020 reached $1,044,433 alongside Seller Discretionary Earnings of $400,000 and Adjusted EBITDA values of $344,320. Facility is able to handle extra capacity for future needed expansions. Company is capable of growing towards increased revenue and profits with assertive plans, strategies, and added personnel. A skilled and experienced team of four nonunion employees agree to stay on board post-sale. The owner will continue with business operations during a transition period of up to one year. Outside of limited social media engagement, marketing efforts have been minimal, and growth has successfully relied on referrals from their large and recurring client base. Aggressive advertising and a company website would likely create additional growth opportunities. Seller obtained a third-party, unbiased independent valuation.

Seller Financing

Negotiable up to 20% for the right buyer.

Location Details:

Land is available for optional purchase outside of Asking Price!

Support & Training

Standard Owner Transition period of 1 year.

Reason for Selling:

Approaching retirement and/or pursuing other interests.

Listing ID: Commercial and Industrial Steel Fabricators (37788)

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