Metal Fabrication, Installation and Repair Powerhouse (37942)

New Hampshire

Seller Financing Available

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Asking Price:$1,400,000
Gross Revenue:$2,575,000
FF&E:$818,000
Cash Flow:$550,000
Inventory:$35,000
Established Year:1970
BUSINESS DESCRIPTION

This metal fabrication business has two sectors in-house cohesively servicing industrial, residential, and commercial clientele from design to installation. The diverse scope of work includes ornamental ironwork, trailer manufacturing, welding services, metal fabrications and structural steel work. For the power generation and electrical transmission industries, the company is also capable of repairing and upgrading parts for power plants, quarries, bridges, train stations, and commercial buildings. By fabricating replacement components, modifying and upgrading difficult-to-find original equipment manufacturer (OEM) equipment, they capture a large audience. The company operates from a 15,000 square foot facility in New Hampshire. Standing on 5 acres it is available for purchase. These days, customers are primarily word of mouth. Increasing online marketing efforts and upgrading company websites would be a great advantage for the new ownership. Collectively, revenues reached almost $2,575,000 in 2023 with profits approaching $550,000, charts are available with breakdowns. Ideally the buyer would be customer oriented and have experience with general management as this company has a strong team in place keeping operations streamlined. While metal manufacturing experience would be a bonus, the many facets of this business are very teachable, and the sellers look forward to giving the new ownership the advantages they need to succeed and take the business to the next level. Including water & sewage plants, the power industry is barely tapped, with more connections this sector has a huge opportunity for growth.


DETAILED INFORMATION
Location
New Hampshire
Inventory
Included in asking price
Real Estate
Leased
Building SF
15,000
Employees
14
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Property measuring 15,000+/- is Leased. 5 acre property is open for considered purchase!
Financing
Standard SBA-term financing will be negotiable for qualified buyers.
Support & Training
Experienced general management with strong team in place to keep operations streamlined after Standard Transitioning.
Reason for Selling
Approaching retirement.
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Jason
Hullender
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Jason Hullender