Large Scale Welding & Fabrication Business with Gravel Pit

Michigan

Seller Financing Available

listing image
Asking Price:$5,800,000
Gross Revenue:$4,100,000
FF&E:$2,000,000
Cash Flow:$970,000
EBITDA:$680,000
Real Estate:$2,500,000
BUSINESS DESCRIPTION

Company Information:

For over 30 years, this well-established company has been a trusted provider of welding, fabrication, sandblasting, and painting services to the region. Their reputation and strong client base have made them a household name in the area. In addition, the company operates a successful excavating and plowing business, serving multiple counties. The company also owns a large-scale gravel pit spanning over 150 acres, offering a variety of products including crushed stone, road gravel, and topsoil.

Management and Team:

The company employs a dedicated team of approximately 20 skilled professionals, including experienced managers overseeing shop operations, gravel pit production, and excavating services. The team also consists of skilled sandblasters, laborers, and administrative staff.

Facilities:

The company operates out of a modern 6,600 sq. ft. facility that includes a spacious 2,500 sq. ft. office area and a 4,100 sq. ft. shop space for fabrication and welding. The facility also features a 1,200 sq. ft. paint booth and a 900 sq. ft. sandblast booth, ensuring efficient and high-quality production. The property includes over 150 acres of prime gravel pit land and over $2 million of company equipment.

Acquisition Highlights:

• Strong Financial Performance: Average gross revenue over $4 million and average SDE exceeding $900,000 in the past 3 years.

• Experienced Management Team: Well-established and experienced management team in place, ensuring smooth operations and continued growth.

• Diverse Revenue Streams: The company benefits from multiple revenue streams, including welding and fabrication, sandblasting and painting, excavating and plowing, and gravel pit operations.

This is an excellent opportunity to acquire a well-established and profitable business with a strong market presence and diverse revenue streams.


ATTACHED DOCUMENTS
Sales Flyer.pdf Download

DETAILED INFORMATION
Location
Michigan
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Employees
20
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The company operates out of a modern 6,600 sq. ft. facility that includes a spacious 2,500 sq. ft. office area and a 4,100 sq. ft. shop space for fabrication and welding. The facility also features a 1,200 sq. ft. paint booth and a 900 sq. ft. sandblast booth, ensuring efficient and high-quality production. The property includes over 150 acres of prime gravel pit land and over $2 million worth of company equipment.
Competition
Limited competition in the area, and not to scale of the listed business.
Support & Training
Largely absentee owner willing to stay on for a period of time to assist with a successful transition.
Reason for Selling
Retirement
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Aaron
Kricher
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Aaron Kricher