Situated in Southern West Virginia, the business is a manufacturer and special trade contractor specializing in the design, fabrication, installation, inspection and repair of structural fiberglass platforms and products. Servicing oil & gas, medical, and other industries, the diverse product lines include large structural platforms, flat plates, handrail systems and ladders, and fiberglass piping, vent lines and tank inspections and repairs services. The company stocks a wide verity of structural shapes, in various sizes, as well as several kinds and thicknesses of grating making them a one-stop shop for new and existing clientele. With an active website and ongoing referrals through strategic relations, promotions across social media could help maximize the verbal outreach from a large, repeating client base. While the company experienced a dip in 2022 due to supply-chain issues, Revenues for 2023 reached $492,745 with a strong profit margin showing Discretionary Earnings of $152,142. As a renowned business with multiple certifications, the company is generating $200,000 in revenue per employee with 3 employees. With additional team members or a strategic acquisition, this company is sure to flourish. Ideally, the new ownership would have managerial experience with carpentry or construction knowledge. The 5,672 square foot warehouse is Leasing at $2,400.00 per month or $28,800.00 yearly that features about 5,000 sq. ft. of production area, 288 sq. ft. of secured outside storage and 384 sq. ft. of office space. This business has many processes in place to offer itself as a great add-on opportunity or grow the business with little difficulty, contact IAG today for more information on this lucrative biz!
- Asking Price:
- $700,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $492,745
- Cash Flow:
- $152,142
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Holds a tenancy of $2,400 monthly or $28,800 per year.
- Size in square feet:
- 5,672+/-
Business Operation
- Reasons for selling:
-
Health reasons.
- Trading hours:
-
Monday to Friday 7:30AM - 4PM
- Employees:
- 3 nonunion.
- Years established:
- 2003
Other Information
- Support & training:
-
Currently generating $200K in Sales per employe, added team members or a strategic acquisition can help company flourish Owner Transition.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
Standard SBA-term financing will be negotiable for qualified buyers.
- Furniture / Fixtures value:
- $90,000 - included in the asking price
- Inventory / Stock value:
- $70,000 - included in the asking price
- Relocatable:
- This business can be relocated.
