Specialized Industrial Tank Manufacturer


  • Asking Price: $6,000,000
  • Gross Income: $4,571,000
  • Cash Flow: $1,130,000
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: Not Disclosed
  • Listing ID: #215322
  • Established: Not Disclosed
  • Employees:

Business Description

Well established manufacturer of highly engineered carbon steel and stainless steel industrial tanks. The company also produces a large number of other related steel industrial parts and equipment. All products are built to exacting specifications for installation in large processing systems. The company is very well known for their workmanship, very high quality and on-time delivery.

2018 revenue was $4,571,000, up 14% from 2017 revenue of $4,019,000. 2018 adjusted EBITDA was approximately $1,130,000, also up 14% from 2017 EBITDA of $987,000. There are a number of new revenue and profit opportunities available to the Buyer to continue to grow and expand the business. The owners are committed to an orderly and successful transition of at least one year, and possibly longer if necessary. All employees are expected to want to stay on with the new owner. The asking price of $6,000,000 includes $1,000,000 of working capital on a debt-free asset purchase basis.

Please reply to receive a one-page summary and Non-disclosure Agreement. Sign and return the NDA to receive an electronic copy of the Marketing Memorandum that has been prepared for the company.

Business Details

Primary Business Category: Manufacturing - Fabricated Metal Products
Location: Minnesota

Company Information

Home Based: No
Franchise: No
Relocatable: No
Number of Employees:

Financial Information

Asking Price: $6,000,000
Gross Revenue: $4,571,000
Cash Flow: $1,130,000
Seller Financing Available: Yes

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Business Listed By:

Greg Loeschke

Lingate Financial Group