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Industrial Fastener Business In South East Texas For Sale

Texas, US
Asking Price:
$2,600,000 Inventory / Stock included
Sales Revenue:
$2,267,000
Cash Flow:
$480,003

LISTING ID # 36284

Step into a time-honored industry with over four decades of resilience against hurricanes, recessions, and even pandemics. This industrial fastener business stands as a beacon of stability, boasting the same location and owner/founder since its inception. Now, the moment has arrived to pass the torch for another 40 years of success. This highly profitable enterprise generates a cash flow of approximately 25% of gross sales. The sale includes leases for two buildings totaling about 11,000 square feet, along with ample well-maintained steel cutting, stamping, chamfering machines, storage racks and shelves, a spacious warehouse filled with stock of steel stud bolts, rods, and hex nuts and also a 2 ½ ton international delivery vehicle, and much more. Seize the opportunity to carry forward a legacy and elevate this legendary business to new heights. With the right vision and energy, you can expand and grow the business, leveraging new technologies to enhance efficiency and reach. Continue to grow and learn what’s behind its enduring success. Billions of dollars are pouring into the Gulf Coast investing in new petrochemical plants and refineries and expanding existing facilities. You are buying into an industry that is booming and will be for the next few decades. The business is primed for growth. The right business, in the right place and at the right time. Schedule your visit soon and uncover the full potential of this remarkable opportunity. For additional information, please contact Senior Broker Dan Gundrum.

Business Operation

Reasons for selling:

Retirement

Employees:
6 FT
Years established:
40

Other Information

Support & training:

Seller will train

Furniture / Fixtures value:
$250,000
Inventory / Stock value:
$313,000 - included in the asking price