Providence County Steel Fabrication Company With Real Estate For Sale

Business description

This custom steel fabrication company was started by the current owner in 1980. The company builds and installs structural steel fabrications such as stairs, railings, support structures, and decorative fencing used primarily in commercial, municipal, and institutional (schools, hospitals) buildings. It responds to RFQ’s from general contractors and builds to blueprints supplied by the customer and has the capability to cut, punch, bend, weld, paint and erect on-site complex steel projects weighing up to 70 tons.

The company operates from a 2,400 square foot building on a major highway in Rhode Island, with good access to metro-Providence, Eastern CT, and SE MA. The facility is designed to handle large steel raw material including I-beam, sheet, and pipe. It has a drive through with 2 large 12 X 12’ foot roll up doors and a 5 ton crane that runs the length of the building. The Real Estate is available for sale for $250K.

Business Operation

Reasons for selling:

Pursue other interests.

Employees:

4

Years established:

1980

Other information

Support & training:

Two weeks or as needed for a smooth transition.

Financing available:

To qualified buyer.

Furniture / Fixtures value:

$152,500 (included in the asking price)

Inventory / Stock value:

$10,000 (included in the asking price)