Profitable, Well Established Structure Steel Fabrication Company

Dallas, TX (Dallas County)

Profitable, Well Established Structure Steel Fabrication Company
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Asking Price: $2,800,000

Cash Flow: $723,970

Gross Revenue: $4,215,375

EBITDA: N/A

FF&E: $900,000

Inventory: $150,000

Real Estate: N/A

Established: 1994

Profitable, Well Established Structure Steel Fabrication Company

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Business Description

WELL ESTABLISHED WITH GREAT CASH-FLOW AND BACKLOG, WILL NOT LAST!!!

This business is a leading design, fabrication and installation company of products in steel, ornamental & miscellaneous metal, forged iron, stainless steel, aluminum, brass/bronze, painted galvanized, powder coated or custom finished products! In business for over 25 years with rich history as having participated in some of the most iconic projects not only in the DFW area but Nationwide! Multi-millions in backlog!! Long-term employees and several manager level employees are just a few of the many assets! This is a listing that will not last!

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Building SF:
12,000
Employees:
27
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Business has 12,000 sq ft under roof with additional office space upstairs and up to 10 welding stations, 3 cutting stations and a paint booth. The current building has the capacity to produce up to 10 million dollars per year. The owner would consider selling the property as well or will lease at $10.000/month
Competition:
*Excellent name recognition & reputation *AISC Certified Shop *TXDOT approved fabrication shop *Diverse fabrication experience *Experienced in Structural, Decorative & Specialty Metals *Company does own installation Cons *Not using technology (Fabsuite) to potential
Growth & Expansion:
Exceptional growth in multiple areas, example sign businesses. TXDOT projects must now be done only by AISC certified shops which this company is. Current shop has the capacity to increase production to up to 10 million per year. Efficiencies could be gained easily by better use of (Fabsuite) the technology already in place.
Support & Training:
Though the owner is wanting to travel more, he is willing to remain with the company for whatever period of time is necessary to ensure a smooth transition.
Reason for Selling:
Partial to Full Retirement
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Scott Hartman

Business Listed By:
Scott Hartman

BBDC

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Sponsoring Broker:
Toby Barker

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