Structural Steel Fabricator with Real Estate Included

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Manufacturing Businesses for Sale

This multi-facet company has been established for many decades. The majority of their sales and profits lie in structural steel fabrication as they have a facility ideally suited for their needs with many over head cranes. They also have limited competition in the markets they cater to.

However, they also have several other profit centers including commercial truck repairs, hydraulic hose and fittings and other industrial parts supply. The owner would like to sell the real estate (appraised at just over $1.1 Million recently) with the business which is separately priced at $2.8 Million but includes a lot of equipment and inventory.

The owner is ready to retire and he does not have other family members to pass the business down to. This business is best suited for a hands-on owner operator but it might be possible to manage somewhat remotely. Structural Steel sales are approximately $2.5 Million annually while the other divisions represent just over $500k in sales. Seller's discretionary earnings are approximately $800,000 with most of this shown as profit on the tax return for 2021. 2022 sales and profits are trending along that of 2021.

Buyers will need to provide a signed Confidentiality Agreement and provide other info prior to getting more details on this listing. Bill Law is the listing broker cell 704-904-6624 [email protected]

Financial Information

  • $3,940,600 Asking Price
  • $800,000 Cash Flow
  • $3,000,000 Gross Revenue
  • On request Down Payment

Business Location

  • City: Greer
  • State: South Carolina

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 1985
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Fulltime Employees: 17
  • Part time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Adjusted EBITDA: On request
  • Inventory Included: Yes
  • Inventory Value: On request
  • Monthly Rent: N/A
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: $1,140,600
  • Building Size: 20000
  • FF&E Included?: Yes
  • FF&E Value: On request

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Business Listed by Sunbelt of Charlotte
Contact
Bill Law
Listing ID
CHARLNC001-51733
Office Phone (704) 897-8232
License Number
FL #BK3246701

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