Established Florida Structural Steel Fabricator for sale

FL

Steel Fabricator
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Asking Price: $5,800,000

Cash Flow: $1,161,202

Gross Revenue: $11,129,416

EBITDA: $1,161,202

FF&E: N/A

Inventory: N/A

Real Estate: $4,000,000*

Established: 2009

*not included in asking price.

Established Florida Structural Steel Fabricator for sale

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Business Description

Niche Market Products - Real Estate Available - Motivated Sellers

This company caters to a niche market in fabricating their structural steel products. Very strong customer base and lots of opportunity to grow this company with strong management in place.

They also own their 70,000 SF manufacturing facility. Serious Seller looking for a 5 X multiplier on adjusted EBITDA (excludes real estate) - working capital subject to negotiation.

Note there is approximately $4 Million in net receivables which are not included in the price. 2017 Sales were $9,843,800 with adjusted EBITDA of $1,221,641 and 2016 sales were $7,147,680 with adjusted EBITDA of $1,038,495. 2019 projected sales are $13,000,000 with $1,300,000 EBITDA.

The Seller is mostly hands off with strong management in place to run the company with key employees in place.

Detailed Information

Real Estate:
Owned
Not included in asking price
Building SF:
70,000
Employees:
60 FTE
Facilities:
70,000 SF located in a nice industrial park; available for purchase
Support & Training:
Seller will provide training and transition
Reason for Selling:
This company is selling off this division of their company
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Contact the Seller

(from currently available funds)
 
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Bill Law

Business Listed By:
Sunbelt Charlotte

Sunbelt Business Brokers Charlotte

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