Metal Fabrication Business

Lake County, IL
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Asking Price:$825,000
Gross Revenue:$565,000
Rent:$3,100/Month
Established Year:2018
Cash Flow:$150,000
Inventory:$30,000
FF&E:$350,000
BUSINESS DESCRIPTION

This great business manufactures parts for natural gas pipelines. They also do capital projects in chemical plants in the area. Heat retention, freezing prevention, and efficient HVAC are some of their other primary services. This region is experiencing massive growth with manufacturing plants, so there is a lot of potential to increase the client base.

This shop comes complete with electric and gas weld machines, pipe handling pieces of equipment, and 2 enclosed trailers. The facility also has an office area and security cameras. A new owner could bring in a CNC machine for additional revenue streams. The current owner is no longer able to get out and do sales visits, so a new owner who can make in-person sales visits could easily increase revenue.

Owner is very eager to sell. Find out if this business is a right fit for you and make an offer.


DETAILED INFORMATION
Location
Lake County, IL
Inventory
Included in asking price
Real Estate
Leased
Building SF
7,000
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Reason for Selling
Retirement
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Jim Boyd
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Jim Boyd