Industrial Equipment and Facilities Cleaning

Natrona County, WY

Industrial Equipment and Facilities Cleaning
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Asking Price: $2,800,000

Cash Flow: $269,979

Gross Revenue: $1,238,804

EBITDA: N/A

FF&E: $706,000

Inventory: $10,000

Real Estate: $1,500,000

Established: 1987

Industrial Equipment and Facilities Cleaning

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Business Description

Profitable industrial maintenance Rocky Mountain region

Industrial Cleaning, Media Blasting, Coating and Painting Commercial and Industrial Equipment including construction equipment, mining equipment, oil field equipment, tanks, oilfield production and transportation equipment on location. Business has a large shop on five acre lot with large specialized blast area with specialized grit recovery system and heated paint area. Specialize in re-coating municipal fresh water tanks. $1.5M Real Estate included.

Detailed Information

Location:
Natrona County, WY
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
17,000
Employees:
5 FT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Commercial Building and fenced yard on five acre lot with executive and administrative offices, conference area, maintenance shop, six (6) bay shop, large general purpose prep shop, large paint booth with oversized external bay door, large media blasting shop with media recovery system, five (5) acre fenced secure yard in an industrial area, municipal water, septic, on good paved service road. Owners prefer to sell the real estate with the business. Price for the business, $1.3M - Price for the Real Estate $1.5M subject to commercial appraisal - total price for the package $2.8M.
Competition:
Little competition in the area. Several National companies with much higher overhead. This company has invested in specialized equipment that allow it to operate with very small crews and automate many functions. Company has built a custom media blasting area with grit recovery system for indoor work.
Growth & Expansion:
Good potential for growth as the domestic energy business continues to recover and existing equipment and facilities require ongoing maintenance and reconditioning.
Financing:
Lender pre-screened with $560k down.
Support & Training:
Will train for 4 weeks @ $0 cost. Cleaning industrial, commercial, large equipment, mining equipment construction equipment oil field production, oil field transportation municipal water, oil storage tanks, oil production equipment, surface preparation, media blasting, priming, coating, painting with the required certification from suppliers and Master Service Agreement (MSA) with customers.
Reason for Selling:
Owners ready to retire.
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Joe MacGuire

Business Listed By:
Joe MacGuire

Murphy Business and Financial Corporation

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