2730 Fast Growing Steel Fabrication & Manufacturing - Mid-Western IL

Seller Financing Available

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Asking Price:$2,500,000
Gross Revenue:$5,500,000
EBITDA:$636,000
Real Estate:$1,500,000
Cash Flow:$680,000
Inventory:$600,000
FF&E:$800,000
Established Year:1925
BUSINESS DESCRIPTION

A turnkey, long-established, and rapidly growing fabrication and manufacturing business . This incredible opportunity comes with a seasoned staff of 40+ employees and an experienced management team. The company has a history of innovation and ingenuity that is expected to continue.
The business offers a variety of services, including custom fabricated steel products for a niche industry and manufactured steel parts for several OEMs. The size range of their products allows them to support customers in a variety of industries from retail to agricultural and industrial.
Current ownership cares deeply about the future success of the business, their employees, and their customers. Therefore, ownership is seeking the right buyer and will assist with a transition to ensure future success.
Over the last 3 fiscal years the company’s annual average sales are over $5.5 million and approximately
$636,000 in annual average EBIDTA.
Astute buyers should note that the company is rapidly growing and shouldn't wait to act.


DETAILED INFORMATION
Inventory
Not Included in asking price
Real Estate
Owned
Employees
40
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business premises consist of about 5+ acres, 67,500 sq. ft. of production, office, and storage space. With ample parking and expansion opportunities. This leading manufacturing business is conveniently located between two metropolitan areas. Very well maintained and up-to-date equipment included in the sale all ready to produce revenue. See Broker for the long list of equipment.
Competition
With limited competition, this company is a leader in multiple niche industries. This steel fabricator is uniquely positioned to service the large OEMs present in the market and have a competitive advantage over suppliers not in the immediate area. See Broker for more details.
Growth & Expansion
With consistent increase in customer orders, growth of 10-15 employees expected in 2024 due to positive signaling from current customers. Additional room for production expansion exists.
Financing
Open to consider depending on the offer and quality of buyer
Support & Training
Seller is willing to execute a mutually acceptable transition support agreement in order to aid the buyer in the operation and success of the business.
Reason for Selling
Owner initiating his exit strategy plan
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Tim
Bullard
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Tim Bullard