Full Service Crane & Hoist, Heavy Equipment Repair Service

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Manufacturing Businesses for Sale

  • Primary Category: Metal Product Businesses for Sale

This field services company currently has 3 locations in the Southeast located several hours from one another.

They are offering for sale one of their locations that strictly handles DOD work for the US Marine Corps, but will consider selling all locations should the right buyer come along with an attractive offer. Currently each location does approximately $5 Million in sales with just under $1 Million in adjusted earnings per location.

The one location that handles DOD work is about to land a much larger contract of approximately $15 Million in additional work. There are two locations for the division handling DOD work that are 45 miles apart.

One location has a mobile office as most of the work is field service related while the other location is an owned manufacturing facility the does work on specialty shipping containers including repairs, sand blasting, painting and refurbishment. This facility has a 5 ton and 10 ton overhead crane. Much of the work done at their field services location is repair type work involving welding and refurbishment on things like barges or specialized military vehicles, fork lifts, cranes, loaders, etc. Both of the businesses within 45 miles of one another are available as well as the real estate at their container repairs location.

The business is well known for working on complicated work that many others do not know how to do or refuse to do as a special skill set is required and potential liability if work is done incorrectly.

The owner is 62 years old and looking to retire as he spends part of his time overseeing this operation. He is willing to consider selling his other operations but there is not a formal asking price as the focus now is to sell the business tied to DOD work. There is also one other relative involved that operates another location and he prefers to retain that segment of business.

Before any more information can be shared, buyers must provide a Confidentiality Agreement and other information showing they may be a right fit and financially qualified to purchase. Principals Only, No Buyer Reps, No Exceptions. Listing Broker is Bill Law 704-904-6624 [email protected]

Financial Information

  • Negotiable Asking Price
  • $1,000,000 Cash Flow
  • On request Gross Revenue
  • N/A Down Payment
  • On request Adjusted EBITDA

Business Location

  • City: St Augustine
  • State: Florida

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 2018
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: No
  • Inventory Value: On request
  • Monthly Rent: N/A
  • Real Estate Available: Yes
  • Real Estate Included: No
  • Real Estate Value: $1,800,000
  • Building Size: 20000
  • FF&E Included?: Yes
  • FF&E Value: On request

Training/Support

  • Seller will negotiate a transition period

Facilities

  • Available for lease or purchase
Business Listed by
image of Bill Law
Bill Law
Sunbelt of Charlotte
Email Bill
Show Phone Number
Listing ID
CHARLNC001-59329
License Number
FL #BK3246701

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