18 Yr Old Machine/Fabrication Shop/$548,440 GROSS/$250,000 EBITDA!!

Atoka County, OK

Seller Financing Available
18 Yr Old Machine/Fabrication Shop/$548,440 GROSS/$250,000 EBITDA!!

Asking Price:$750,000

Cash Flow:$250,000

Gross Revenue:$548,440

EBITDA:$250,000

FF&E:$354,000

Inventory:$48,000

Real Estate:$1,000,000*

Established:1999

*not included in asking price.

18 Yr Old Machine/Fabrication Shop/$548,440 GROSS/$250,000 EBITDA!!

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Business Description

PRICE REDUCED TO $750,000!!! REAL ESTATE NOT INCLUDED IN ASKING PRICE!

This Machine/Weld/Fabrication Shop is located in South East Oklahoma. Owners are at Retirement age. With a Proven track record over the last 18 years, they do machining, welding (mig &tig), engineering, fabrication, prototypes and repairs. They also service the Oil Field industry with certified oil field trailer parts, work on trucks, machine bits and repair or make misc. parts. Their line of Tail Rollers and Pop Up Rollers are also sold to many of the major trailer manufacturers in the U.S. They have relationships with many different industries and individuals through truck repairs, farm implement repairs, hydraulic cylinder rebuild/repair and manufacturing parts. With many years of experience in the industry, their highly trained and experienced crew provides the highest level of professionalism and service. The potential for growth is astounding!!! As the Oil Field business comes back, this company is set for exponential growth!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
12,500
Employees:
8
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The business is run out of a 12,500 sq. ft facility that has 580 feet of highway frontage at the Intersection of 2 of the busiest highways in Oklahoma. It is located on approximately 3 acres. Of the 3 acres, approx. 1.5 acres is raw land and 1.5 acres is the actual facility. The raw land could be used for endless possibilities. This is an ideal location for any business with high traffic as it is located between 3 major cities. The building and land are included in the price of the Sale.
Competition:
The Company differentiates itself with its highly skilled and experienced employee base, certified product line with warranty, niche market with production of trailer parts, centralized location in the US, as well as an enviable reputation for quality and timely completion of product orders.
Growth & Expansion:
Development of a sales and marketing program will assist the Company in maximizing opportunities in the future. The Company primarily markets its services and capabilities via highway signage, local phone directories, and an informational Web site. Other marketing channels include word-of-mouth referrals and Internet search engines. The additional raw land could be used for expansion of the current business, could be leased out or could be used to create an entirely new business.
Support & Training:
As owners, this Husband and Wife ownership team will be willing to stay for 3-6 months during the transition to train and support the new Owner/Owner's. Key employees will Most Likely stay after the transition. This Company has an immaculate reputation.
Reason for Selling:
Retirement

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Craig Nedrow

Business Listed By:
Craig Nedrow

MDR & Associates

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Sponsoring Broker:
Michael D. Rubin

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