MergerPlace

Well Established Profitable Sheet Metal

Texas (Tarrant)


  • Asking Price: $1,150,000
  • Gross Income: $386,454
  • Cash Flow: $118,828
  • Real Estate: Not Disclosed
  • Inventory: $12,000
  • FF&E: $142,560
  • Listing ID: #217906
  • Established: 1996
  • Employees: 1

Business Description

We are pleased to present you with the opportunity to own this 25 year old sheet metal shop. This family owned business is anchored by its husband and wife who are in their seventies and have decided that its time for them to retire. They are willing to stay on for up to six months after closing to help facilitate a successful training and transition to the new owner. This couple has been turning away business over the past few years in order to temper their business’ workload to match their declining energy levels. The company currently has only one employee and operates out of a 10,100 sq ft manufacturing facility that is included in the purchase price.


Business Details

Primary Business Category: Manufacturing - Machinery
Location: Texas
County: Tarrant

Company Information

Year Established: 1996
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 1

Financial Information

Asking Price: $1,150,000
Gross Revenue: $386,454
Cash Flow: $118,828
FF&E: $142,560
Inventory: $12,000
Seller Financing Available: Yes

Property Information

Facilities:

This 10,100 square feet building is situated on an approximately 55,540 square feet (1.27 acres) lot. It features administrative offices in the front of the building. It is conveniently located within quick access to DFW International Airport and Fort Worth Meacham International Airport.

Growth & expansion opportunities:

The company does virtually no advertising nor marketing and relies on word of mouth referrals and repeat business to fuel its revenue. The addition of a outside sales function should drive increased revenues, and cash flow for the company and should compliment the strong referral business related revenue. Adding an inside sales function should help increase penetration of existing customers by proactively seeking additional business and referrals from their existing customer base. Although most current work comes from existing clients and referrals, the company could greatly benefit from establishing their website and implementing SEO (search engine optimization) which should result in increased customer traffic based on the company being ranked near the top of most key organic “sheet metal fabricator” searches.

Competition:

A premier sheet metal fabricator that enjoys strong referral customer base and repeat business, based on its performance on completed project engagements. Since the vast majority of their business comes through referral and repeat customers, they tend to encounter less competition in “head to head” engagements. Based on their well-established history and track record of successful engagements, we expect them to likely match well against their competitors in such a comparison.

Reason for selling:

Sellers are retiring.

Support & Training:

Willing to train for 4 weeks @ no cost.

Contact Business Seller

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Business Listed By:

Douglas Batts

Murphy Business Brokers