MergerPlace

Millwright and Metal Fabricator

Iowa


  • Asking Price: $800,000
  • Gross Income: $2,512,005
  • Cash Flow: $296,445
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $327,754
  • Listing ID: #214571
  • Established: 1988
  • Employees: 4FT/1PT

Business Description

Business specializes in the construction and repair of farm out buildings and grain bins. The seller is an authorized dealer for a major manufacturer.


Business Details

Primary Business Category: Agriculture - Crop Production
Location: Iowa

Company Information

Year Established: 1988
Home Based: Yes
Franchise: No
Relocatable: Yes
Number of Employees: 4FT/1PT

Financial Information

Asking Price: $800,000
Gross Revenue: $2,512,005
Cash Flow: $296,445
FF&E: $327,754
Seller Financing Available: No

Property Information

Facilities:

Business is run out of a 3500 square foot building containing all the equipment needed to support the business. Building is well kept and maintained with a large electrical service to support a well appointed machine shop. Lease is available and will be negotiated between the successful buyer and seller.

Growth & expansion opportunities:

The manufacturer has additional lines the successful buyer could add to the business. Buyer can expand the service area to generate new sales.

Competition:

The business is a dealer for one of the largest manufacturer in the area. Customers continue to return for additional buildings. The industry is seeing some consolidation of manufacturers.

Reason for selling:

Retirement.

Support & Training:

Will train for 2 weeks @ no cost. The successful buyer should be well versed in construction and crew management.

Contact Business Seller

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Business Listed By:

Michael Rooney

Murphy Business Brokers