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Manufacturer of Plant Process Equipment

Point Clear, AL (Baldwin County)

Manufacturer of Plant Process Equipment
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Asking Price: N/A

Cash Flow: $1,057,719

Gross Revenue: $6,313,701

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 1978

Manufacturer of Plant Process Equipment

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Business Description

Owner has had 40 successful years in this business. Hold vendor agreements with long term relationship with major customers with excess of 85% concentration in selected markets within market space. Steel & alloy fabrication and repair, ASME Code and non-code, fabrication heat exchanges, vessels, tanks, skids, structural pipe fabrication. Repair machining, field service design testing, blasting and painting. Experts in field with National Board Inspection Code.

Detailed Information

Location:
Point Clear, AL
Employees:
40
Facilities:
Sits on 8 1/2 acres of land. Located in the middle of petro-chemical and chemical plants - Chevron, Dupont, Chemours, Phillips 66 and others.
Competition:
10 key employees with an average of fifteen years of service. All are fully trained and an expert in their departments.
Growth & Expansion:
There is need for additional crane capacity, shop space, coupled with equipment.
Reason for Selling:
Owner wants to transition from his business while holding an equity position.
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Dock Reed,

Business Listed By:
Dock Reed, President - CEO

The Reed Group, Inc.

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