Pressure Vessel Manufacture, Repair and Installation Co.

Cincinnati, OH (Hamilton County)

Power Generation Facility
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Asking Price: $350,000

Cash Flow: $205,278

Gross Revenue: $1,617,578

EBITDA: N/A

FF&E: $100,000

Inventory: $5,000

Real Estate: N/A

Established: 1900

Pressure Vessel Manufacture, Repair and Installation Co.

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Business Description

This steel fabrication, maintenance, repair and installation company has been offering quality manufactured products and services for well over 100 years to thousands of customers. Company holds ASME "U", "S" and "R" Stamps and maintains a complete Quality Assurance Program. With over 30 welding procedures for many special alloys, this company has the expertise to offer in-house shop fabrication or field service solutions to customers from many different market sectors including chemical, heavy industrial, power generation, manufacturing and construction.

Highly skilled personnel are able to help design and manufacture many types of code and non-code products for their customers. Some of the products fabricated and/or repaired at their shop include heat exchangers, boilers, pressure vessels, columns, observation towers, pollution control equipment, platforms & staircases, scrubbers, expansion joints and specialty alloy piping assemblies.

Field service personnel are able to install shop fabricated products and assemblies, perform maintenance and repair on customer-owned process equipment or perform on-site welding and fabrication services. Highly specialized services offered includes:
* Boiler, Tank and Heat Exchanger Repair and Maintenance
* Hydrostatic Pressure Testing
* Pre and Post Weld Heat Treating
* Boiler and Heat Exchanger tube removal and installation
* Pressure vessel troubleshooting and diagnosis

This business could be a great opportunity for a an individual wanting to own his/her own business or a company offering similar products and services hoping to gain a larger customer base within the regions presently serviced by this company.

Detailed Information

Location:
Cincinnati, OH
Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
10,000
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Large standalone 10,000 SF concrete, block and steel facility houses offices, warehouse and shop fabrication areas conducive to steel fabrication and welding. Large bay door for easy access and loading/unloading, fenced lay-down yard, and ample parking spaces for customers and staff. Overhead assistance (up to 5 ton cranes) is present in all areas of the shop. Many stationary fixtures and portable containers are used to safely house inventory, tooling and equipment used in the business. Electrical and pneumatic systems within the shop allow for operation of massive shop fabrication machinery, portable welding equipment and electric or pneumatic tooling. The building is available for purchase from the owner.
Competition:
There is competition to this business, however, the name and reputation of this 100 year old business will be a real bonus for the new owner. Health related issues have led to a decline in sales and the business now needs new ownership that will be able to follow up with 1000s of customers the company has serviced over the decades to stimulate new activity and growth.
Growth & Expansion:
Even though the business has slowed recently, the markets it caters to are continuing to grow. Local chemical, heavy-industrial, commercial and power gen industries will always demand qualified manufacturing and service companies who can provide quality code products and services. New management and marketing are needed to grow this company and to support the existing highly-skilled team presently in place. Shop, field and office personnel are present and will continue to proudly support this quality operation.
Support & Training:
Existing staff will be able to work with new owner in transitioning into the business.
Reason for Selling:
Health-related
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(from currently available funds)
 
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Tara Kueker

Business Listed By:
Tara Kueker

Business Transfer Specialists LLC

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Memberships & Certifications:
Indicates membership in the Ohio Business Brokers Association (OBBA).

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