MergerPlace

Aluminum, Steel & Copper Fabricator

Iowa (Black Hawk)


  • Asking Price: $845,000
  • Gross Income: $790,177
  • Cash Flow: $163,138
  • Real Estate: $350,000
  • Inventory: $57,134
  • FF&E: $75,000
  • Listing ID: #202752
  • Established: 1915
  • Employees: 7 FT/2 PT

Business Description

Great opportunity for a creative person to own your own long-established, absentee-owned, successful maker of all custom metal and related products with recognized brand name, excellent reputation and long-term employees.

This absentee-owned business provides custom fabrication services on:

· Aluminum, Carbon, Stainless and Galvanized Steel sheet and plate,
· Railing
· Pipe
· Perforated and Expanded Metal
· Tread plate

Equipment and personnel capabilities include Bending, Shearing, Forming, Rolling, Angles, Welding, Punching, Plasma Cutting, Drilling, Lathe.

The company provides services to a wide range of businesses including machine shops, construction, fabricators, food processors, schools, hospitals, farmers, agriculture equipment companies, construction/builders, tool & die companies, manufacturers, trucking companies, property owners, consumers, restorers, engineers, artists, teachers and students. The firm boasts a long-term, dedicated and skilled team. Confidentiality nondisclosure agreement and buyer qualification required.


Business Details

Primary Business Category: Manufacturing - Primary Metal
Location: Iowa
County: Black Hawk

Company Information

Year Established: 1915
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7 FT/2 PT

Financial Information

Asking Price: $845,000
Gross Revenue: $790,177
Cash Flow: $163,138
FF&E: $75,000
Inventory: $57,134
Real Estate: $350,000
Seller Financing Available: Yes

Property Information

Facilities:

Included in offering price: commercial buildings, suitable for this type of business with sufficient parking, and access, and room to grow. Over 16,000 square feet of well-maintained shop and warehouse space with high clearance, three loading doors, 220-volt, suspended radiant gas heat, air-conditioned office and more. Real Estate included or available for negotiable lease. Business may be relocated within Black Hawk County, Iowa.

Growth & expansion opportunities:

The company’s strong customer base, proven capabilities & outstanding reputation present strong platforms to increase market share & revenue through the investment of time, attention & capital in human resources, marketing, & working capital.

Competition:

Opportunities stem from focusing on niche, relationships, & service. The business serves clients in 100 mile radius of Waterloo, Iowa.

Reason for selling:

Retirement.

Support & Training:

Will train for 2 weeks @ no cost. Owner is absentee. A hands-on buyer may save on payroll for improved earnings or enhance revenue and earnings. The business has experienced and capable employees. The owner will be available for up to 2 weeks onsite training at no additional cost. Additional training & support negotiable.

Contact Business Seller

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Business Listed By:

Brian Brown

Murphy Business Brokers