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Steel Fabricator & CNC Machining Plus Foundry For Sale
- Undisclosed, Louisiana, United States
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- Business description
- This company has been established many many years. They have 175 employees in 3 different plants, all located within 10 minutes of one another. One is heavy guage steel fabrication, one is CNC Machining and one is a foundry. The corporation is a "C" Corp. which also owns the real property. They are open to selling the business with or without the real estate. The asking price of $15 Million has plenty of assets to support the price. However, cash flow is under performing at just under $2M and there is a lot of room to improve cash flow as the owner is wearing too many hats and the business is somewhat under managed. Principals Only and No Buyer Reps - No Exceptions
- General information
- Real Estate:
- Reasons for selling:Father has retired and would like to use sale proceeds for retirement.
