Mfg. - Fabricated Metal Products | Wholesale/Dist. - Nondurable Goods

Asking Price	$1,950,000	Inventory	$50,000*
Gross Income	$2,710,084	Real Estate	$700,000*
Cash Flow	$237,243	Year Established	1981
FF&E	$700,000*	Employees	21 Full Time

* included in the asking price

** not included in the asking price

Founded in 1981 this metal business has grown into an established industrial fabrication facility specializing in general industrial manufacturing and shop fabrication and repair of ASME Section VII Division-1 vessels, API shop fabricated storage tanks and multi-purpose portable modular skid-mounted units. Located in an area that was just listed as the Number One city for the fastest economic growth for the next 5-years. The business has a fiscal year ending March 31, and for the first quarter of this new fiscal year they have billings of $447,361 and new work on the books totaling $1,500,000. Products include: bins, hoppers, tanks, pressure vessels, ducts, cylinders, boilers, control panels, building components and much more. Customers include: chemical plants, paper mills, construction companies, engineers, state docks, and others in the Southeast and beyond. They are authorized for the production of pressure vessels and tanks to demanding code specifications and are ASME certified. They use the latest software for calculations, design, analysis and drafting. They do not perform any fieldwork or structural work. The company is unique in that they have an in-house machine shop and can do all this work at the facility. Large equipment list includes: 5 overhead cranes, 2 mobile cranes, fork lifts, flat bed trailers, plate rolls, tubing machine, radial drill, press break, shears, plasma welders, 3 trucks, tractor and much more. A new 2,360 sf office & 17,145 sf in shop, painting & blasting buildings. Owners will stay for smooth transition and training, experienced employees. Access to interstates, barges and railway. Real estate included in the price. Owners motivated.

Facilities: 19,515 sq. ft. buildings on 6 acres; included in sale price

Competition: Mobile is booming. Listed in the top 5 areas for growth.

Financing: Seller will negotiate financing with acceptable down payment

Support/Training: Seller will provide training

Reason Selling: Retirement