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This company has been in business a very long time. They are a C-Corp that also owns the real estate. The Seller is open minded on terms that might or might not include the real estate. He would also entertain continuing to run the company for a buyer. His father has stepped out of the company and he would like to help him out with his retirement. The owner would also like to see the company continue to grow but knows he needs some help in getting this done. The company's outlook for work over the next decade is extremely strong. There is a modern 30,000 SF CNC Machining Center that is very under-utilized, including a relatively new Mazak 1,000 series CNC machine (very few of these are in the market). The company also fabricates heavy gauge steel, serves as a steel processing center and also has a foundry. Sunbelt believes the cash flow can most likely be doubled in this business with some fine tuning. For further information on this listing, please contact Peter Coleman at 704-644-1142 or peterc@sunbeltbrokers.biz
Please refer to listing ID: 377
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| Industry: |
Manufacturing |
| Industry Segment: |
Metals Components Manufacturing |
| Geography: |
United States > Alabama |
| Asking Price: |
$15,000,000 |
| Gross Revenue: |
$26,000,000 |
| Cash Flow: |
$2,000,000 |
| Value of Inventory: |
$1,000,000 (Not Included in Asking Price) |
| Value of Equipment: |
$10,000,000 (Included in Asking Price) |
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| Year Established: |
1944 |
| Number of Employees: |
175 full time - |
| Reason For Selling: |
Tap Equity |
| Facilities: |
This company has 3 separate manufacturing facilties all located in the same general area and township. |
| Market Outlook/Competition: |
There is very little competition because very few companies in the general southeast area have comparable equipment or facilities. |
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| Email: |
peterc@sunbeltbrokers.biz |
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