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Fabrication and Field Services

Texas (Galveston County)

Mfg. - Fabricated Metal Products | Construction - Special Trades

$Seller Financing Available

Asking Price $3,600,000 Inventory $472,000** 
Gross Income 4778996 Real Estate  
Cash Flow $601,146 Year Established 1975
FF&E $1,669,164* Employees 55

* included in the asking price

** not included in the asking price

This company has enjoyed serving the Gulf Coast, National and International petro-chemical industry since its establishment in 1975. They offer design, engineering and construction of shop fabricated pressure vessels, tanks and pressure piping. They hold a ASME Section VIII, Div. 1 and 2 Code Stamp authorization. The U , R , NB , and U2 for the manufacture of pressure vessels. The company also manufactures in accordance with API and DOT. The facility consists of over 2 acres with, two high bay shops 20,000 sq. ft. and 135 tons of bridge crane capacity. Each bay is 60 ft X 120 ft. X 35 ft. high. Warehouse storage consists of 8000 sq. ft. and the office building is 2500 sq.ft. The Field Services Company was established in January 2007 and provides Mechanical, Maintenance, Capital, Piping Fabrication, Field Installation, Boilermaker work and Civil Contractor services to the Natural Gas processing and Petro-Chemical Industries. It also services the Local Gulf Coast and Southwestern United States growing market. There is great potential for this companies growth. These companys are widely recognized and highly respected. For more information or to tour the facility contact the broker

Facilities: Some of the companies assets included in the sale are multiple overhead cranes, welding equipment, tool trailers, (5)ASME code stamps. See Confidential Memorandum for complete list.

Competition: The potential customer base and growth of Fabrication is limited only by the number of Chemical, Refineries and Gas Plants. Great potential for Field Services to continue its growth providing mechanical, maintenance, capital, piping fabrication, field installation, boilermaker work and civil contractor services to the natural gas processing and petro-chemical industries. There are hundreds of prospects in remote areas of Texas, New Mexico, Oklahoma, Wyoming, and Louisana. This Fabrication Company is considered a medium sized shop...t

Growth/Expansion: The potential customer base and growth potential of Fabrication is limited only by the number of Chemical, Refineries and Gas Plants. There is a great potential for Field Services to continue its growth providing mechanical, maintenance, capital, piping fabrication, field installation, boilermaker work and civil contractor services to the natural gas processing and petro-chemical industries. There are hundreds of prospects in remote areas of Texas, New Mexico, Oklahoma, Wyoming, and Louisana.

Seller Financing Available: Yes

Financing: Depending on the strength of the buyer the owners are willing to finance some

Support/Training: Owners are willing to train for 4 weeks with no charge and would be available for consulting on an as needed bases for a contracted fee.

Reason Selling: Owners are retiring

Business For Sale By

Lee Leney

830-885-2076

Texas Area Business Source

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