Metal Fabrication

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For over 36 years this company has provided metal fabrication services to the petroleum, petrochemical, pulp, paper, chemical, and drilling industries. This company can do the big jobs. Normal maximum fabrication capacity: 18' diameter, 120' long, and up to 60,000 pounds. Company holds the following certifications: 1) ASME "U" and "S" stamp holders for pressure vessels, power piping CPPI, and boiler work with NBIC "R" stamp for repairs. 2) B31.3 and B31.1 piping certification for petroleum, petrochemical, chemical, and drilling services.
Company owns its headquarters/shop real estate which is included in the sale. Shop is about 16,000 sq ft. It is located in a nice "industrial" area just off a major street/highway with easy access to the interstate.
Company has an excellent reputation in the industry. It has a loyal, long term administrative staff who maintain strong relationships with the company's large base of loyal repeat customers.
Sellers are approaching retirement and are selling the company as part of their retirement/exit strategy. They are willing to stay on for a reasonable transition period in which they will introduce new owner to major customer and train on all aspects of the business.
Sellers are open to substantive offers and will consider some seller financing for a qualified buyer with an appropriate down payment. Come see this very nice business and meet the owners. We promise you will be impressed.
: Agent is sponsored through Sunbelt Business Brokers of Baton Rouge, sponsoring broker Brandon Bourgeois, telephone number 225-201-0202. Please contract agent directly for more information.

Financial Information

  • $6,000,000 Asking Price
  • $1,000,000 Cash Flow
  • $7,000,000 Gross Revenue
  • $4,000,000 Down Payment

Business Location

  • City: South
  • State: Louisiana

Reason for Sale

  • Retirement

Detailed information

  • Year Established: 1974
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 60
  • Part-Time Employees: N/A
  • Contractors: N/A
  • Owner Worked Hours/w: N/A
  • Inventory Included: Yes
  • Inventory Value: $40,000
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: N/A
  • FF&E Included?: Yes
  • FF&E Value: $400,000

Real State Description

  • Included in purchase price 20,000 sq ft
Business Listed by
image of Brandon Bourgeois
Brandon Bourgeois
Sunbelt of Baton Rouge
Show Phone Number
Listing ID
BATONLA001-48993
License Number
995694978

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