7 Acre Metal Fabrication Facility in Houston

Houston, TX (Harris County)

7 Acre Metal Fabrication Facility in Houston

Asking Price:$2,962,000

Established:1995

7 Acre Metal Fabrication Facility in Houston

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Asset Sale Description

Selling business for estimated value of the Assets. 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. Revenue was $10.9 million and Adjusted EBITDA of $1.4 million in 2008, before the economic downturn. Please refer to CBB Listing #7303RB

Attached Documents


Detailed Information

Facilities:
41,350SF (6 bldgs.) on 7.4 acres of land.
Reason for Selling:
Owner wishes to devote his full time on a non-business venture.

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Frank & Rose Stabler

Asset Sale Listed By:
Frank & Rose Stabler

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business. Indicates membership in the M&A Source. The M&A Source is comprised of highly trained Intermediaries who advise on the preparation, sale and/or purchase of middle market (~$2M+ in revenue) business opportunities. Certified Business Intermediary (CBI) is a professional certification awarded to Business Brokers and Intermediaries that have achieved stringent requirements. CBI's work by an ethical code of conduct when working with business owners and buyers. Merger and Acquisition Master Intermediary (M&AMI) is a professional certification awarded to Intermediaries who've achieve very stringent educational and professional requirements. M&AMI's agree to abide by an ethical code of conduct when working with business owners and buyers.

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