Seller Financing Available

Asking Price:

$7,500,000

Gross Income:

$6,000,000

Cash Flow:

$1,000,000

EBITDA:

$1,000,000

FF&E:

$2,500,000.00 *

Inventory:

$200,000.00 *

Real Estate:

$3,500,000.00 *

Year Established:

1969

Employees:

40 ft 2 pt

Business Types:

Special Trades
Primary Metal Industries

* included in the asking price

Business Description

Long Established and Profitable Metal Fabrication and Welding Construction Company. Located on 6.5 acres within industrial park with deep water access to Intercoastal Waterway. Solve your freight problems. Fabricate at plant in sizes to large to freight by truck. Save on labor. Capabilities unmatched by any others. Real Estate and Business being offered to qualified buyers. Currently fufiling multiple large contracts along with some equipment rentals.Expand into additional income streams from excellent location with extraordinary features.

Marcellus Real Estate Inc. - Agent, Lauren Drummond

Detailed Information

Facilities:

30,000 sq ft fabrication shop, 5,000 sq ft office, 19,000 sq ft covered storage, 30,000 sq ft paved parking.Located on deep water access to InterCoastal Waterway with extensive Docking capability of over 800' of bulkheads.Concrete skid boat launch, Land of 6.5 acres

Competition:

Company currently has multiple large contracts. The State and adjoining states have experienced continued growth and construction throughout the downturn in the economy. Market has benefited from federal infusion of funds for infastructure improvements along with new construction and rebuild construction.

Growth/Expansion:

Area has experienced moderate growth even in current economic environment

Financing:

May be available

Support/Training:

As Needed by Owner

Reason Selling:

Retirement and Estate Planning