Houston Turnkey Metal Fabrication Company For Sale

Business description

Premier metal fabrication company, established in 1995. The current owner has other, non-business, interest outside of the U.S. and is on location only 1 week each month. Plant manager, finance manager and sales manager run the daily operations. Current owner is only involved on larger bids and overall direction of the company. The main competitive advantage of this company is an almost complete “turnkey” operation and rarely rely on outside sources, thus helping to keep cost down and allowing for quick turn-around times. Fabricates a variety of products such as Generator Houses, Drilling Rig Components, Helicopter Decks, High Pressure Heat Exchangers, SCR Houses, and Tanks. Capabilities include water jet cutting, piping, assembly, auto-cad design, sandblasting & painting, heavy & light fabrication, field installation, and transportation. Serves the Industrial, Petrochemical, Construction, Oilfield & Government sectors. Excellent facilities, great equipment and premier client list. Company debt possibly assumable by the right buyer. Revenue was $10.9 million and Adjusted EBITDA of $1.4 million in 2008, before the economic downturn. The business has returned to profitability and is growing again.

Seller's Cash Flow: $534,629 Proforma

Property information

Real Estate:

Lease

Location:

41,350SF (6 freestanding bldgs.) on 7.4 acres of land

Business Operation

Reasons for selling:

Owner wishes to devote his full time on a non-business venture.

Trading hours:

7 days, 24 hours

Employees:

35FT

Years established:

1995

Other information

Furniture / Fixtures value:

$899,510 (included in the asking price)

Related documents:

• 
• Business Profile