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Successful, Certified Steel Fabricator And Mfg For Sale

Not Disclosed, Montana, US
Asking Price:
$2,385,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$3,016,850
Cash Flow:
$226,422

For over two decades, this Montana-based steel fabricator has made and erected custom-designed steel structures for its customers.

Besides custom architectural structures, it has supplied industrial clients with steel tanks, steel cones, process piping systems, electrical substation infrastructure, and truck bodies according to a wide range of customers and specifications.

The quality of its work is fully certified under AISC guidelines.

Property Information

Real Estate:

Lease

Premises Details:

The business operates from a 3-acre industrial site which includes approximately 20,000 sq. ft. of enclosed shop with overhead cranes, up to 10-ton capacity, a modern CNC drilling line, presses, and rollers that can accommodate up to 14 ft. diameter tanks and cones. There are also sand-blasting and painting facilities on-site and numerous forklifts, welders and other equipment. All of this is surrounded by a fenced and paved storage yard for work in process and material inventory.

Business Operation

Expansion Potential:

.The potential for growth lies primarily with macroeconomic trends as they affect Montana. Increased business can be obtained with increased investment in the specialized equipment needed for the business, which will limit some competitors who don't make those investments. Recent federal legislation supporting infrastructure investment and on-shoring of manufacturing underscores the long-term growth prospects of the company.

Competition / Market:

Competition is moderate for this industry in Montana, but most of the company's competitors are located more than 100 miles from this business, and a limited number of them are AISC-certified. That said, the industry is noted for client loyalty and some projects can take the company throughout the state as well as out of Montana.

Reasons for selling:

One owner is nearing retirement and the other would like to pursue other opportunities.

Trading hours:

Monday-Friday 7am-5pm

Employees:
16 FT/3 PT
Years established:
21

Other Information

Support & training:

Will train for 24 weeks @ $60K.

Furniture / Fixtures value:
$961,000 - included in the asking price
Inventory / Stock value:
$1,085,765 - included in the asking price