Houston Area Structural Steel Fabricator
Asking Price
$2,000,000
Includeds $500,000 in working capital.
Annual Cash Flow*
$1,490,200
Annual Revenue
$5,675,900
Sunbelt Listing ID
N2066-DA
Real Estate
Available
Pictures are stock images and are not indicative of the actual business.
Listing Details
State
City
Texas
Houston
Company Description
Industry
Construction and Engineering and Trades
*Cash flow is defined as net profit plus taxes, interest, depreciation, amortization, and owner's compensation. See earnings detail from Seller.
Family-owned structural steel business providing fabricating services to Houston area contractors for decades. Fabrication and installation for all project phases. Established customer base. Tenured staff in place.
Employees
12 FT
FF&E
$130,000
Inventory
$81,000
Lease
$17,000/month NNN
47,000 SF stand-alone facility on 2.9 Acres. Shop includes cranes and extensive electrical service. Real estate is available for purchase at FMV.
Owner is ready for retirement but will provide training to the Buyer after the sale of the business on a schedule agreed to by both parties to ensure a smooth transition.
Growth Opportunities
- Expand the geographical service area
- Increase the criteria on bidding projects
- Update website to include services and project details
Expired
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