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PDFSteel Fabricated Barrier Protection Company
Listing ID:
SSEMICH001-N1
SSEMICH001-N1
Michigan, Michigan, United States
Iron and Steel Pipe and Tube Manufacturing from Purchased SteelListing Status: Active
The following broker is assigned to this listing:
Joe Hige
joe.hige@sunbeltnetwork.comReal Estate License ID: 6501305998
Description
For nearly 50 years, this Midwest company has established a solid brand within the structural steel fabrication industry and have completed many high profile projects across North America. The company has grown into four segments and capitalizes on customer and product diversification. Each segment is a stable, mature, and consistent profit contributor. The company has tremendous growth potential and is positioned to take advantage of future homeland security initiatives. The management team has a great wealth of knowledge and experience that will ensure a successful transition.
Financials
| Asking Price: | $7,500,000 |
|---|---|
| Revenue: | $10,600,000 |
| Cash Flow: | $1,000,000 |
| Downpayment: | $0 |
| Monthly Payroll: | $0 |
| FF&E Asking Price: | $260,000 (Included in Asking Price) |
| Inventory Asking Price: | $2,200,000 (Included in Asking Price) |
| Financing Available? | No |
Property
| Asking Price: | NEGOTIABLE (Included in Asking Price) |
|---|---|
| Building Size: | 25000 sq ft |
Other
| Franchise? | No |
|---|---|
| Homebased? | No |
| Relocatable? | Yes |
| Year Established: | 1963 |
| Year Acquired: | 2007 |
| Full-Time Employees: | 24 |
| Part-Time Employees: | 2 |
| Reason For Sale: | Retirement |