1091 Steel Manufacturing Company in Midwest

IL

Steel Manufacturing

Asking Price:$1,200,000

Cash Flow:N/A

Gross Revenue:$3,000,000

EBITDA:N/A

FF&E:$765,000

Inventory:$300,000

Real Estate:$1,100,000*

Established:1892

*not included in asking price.

1091 Steel Manufacturing Company in Midwest

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Business Description

1091 Steel Manufacturing Company in Midwest

Steel Manufacturing Company for sale is a very long-established family owned and operated company for over 100 years. A supplier of metal fabricated components for OEM customers, and a fabricator and supplier of metal proprietary finished products for the retail industry. Located in the Midwest it is outfitted with the latest state-of-the-art fabrication equipment in the industry and specializes in providing quality, affordable and timely fabrication solutions. The customers are in various industries including but not limited to the automotive, agricultural, retail, flooring, mining, and construction sectors. This business is capable of handling a wide variety of metal fabrication requirements whether large production orders or custom fabrications. Combined with a seasoned and experienced team, no job is too foreign, too big, or too small.The Seller is willing to provide a long transition with a new owner and the company has proven management, key employees and an experienced, skilled team in place.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
23
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
67,500 square feet of production & office space on 5 acres with plenty of parking
Competition:
The company is the leader in a niche metal fabricating market with proprietary products.
Growth & Expansion:
Significant upside growth and expansion opportunities to take advantage of. Please contact broker for details.
Support & Training:
Seller willing to execute a mutually agreed transition support program and a non-compete agreement.
Reason for Selling:
Retirement

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Tim Bullard

Business Listed By:
Tim Bullard

VR Lakes Business Group, Inc.

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