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Metal Fabrication for sale in South Louisiana, LA

South Louisiana, Louisiana (LA)

Asking Price: Gross: Cash Flow:
$ 6,000,000 $ 7,000,000 $ 1,000,000

Furniture and Fixtures Value:
$ 400,000 (included in the asking price)

Inventory Value:
$ 40,000 (included in the asking price)

Real Estate:
(included in the asking price)

Business Summary:
For over 36 years this company has provided metal fabrication services to the petroleum, petrochemical, pulp, paper, chemical, and drilling industries. This company can do the big jobs. Normal maximum fabrication capacity: 18’ diameter, 120’ long, and up to 60,000 pounds. Company holds the following certifications: 1) ASME “U” and “S” stamp holders for pressure vessels, power piping CPPI, and boiler work with NBIC “R” stamp for repairs. 2) B31.3 and B31.1 piping certification for petroleum, petrochemical, chemical, and drilling services. Company owns its headquarters/shop real estate which is included in the sale. Shop is about 16,000 sq ft. It is located in a nice “industrial” area just off a major street/highway with easy access to the interstate. Company has an excellent reputation in the industry. It has a loyal, long term administrative staff who maintain strong relationships with the company’s large base of loyal repeat customers. Sellers are approaching retirement and are selling the company as part of their retirement/exit strategy. They are willing to stay on for a reasonable transition period in which they will introduce new owner to major customer and train on all aspects of the business. Sellers are open to substantive offers and will consider some seller financing for a qualified buyer with an appropriate down payment. Come see this very nice business and meet the owners. We promise you will be impressed.Agent is sponsored through Sunbelt Business Brokers of Baton Rouge, sponsoring broker Brandon Bourgeois, telephone number 225-201-0202. Please contract agent directly for more information.

 

   
Year Business was Established: 1974
   
Number of Employees: 60 FT  
   
Facilities / Terms of Lease: 20000 sq ft  
   
Owner willing to train: Available  
   
Reason for selling: Retirement  
   
Seller Reference Number: BTLA0N1305
BusinessMart.com Listing Number: 53393
 

 

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For more info contact:

Robert Bourgeois

Sunbelt Business Brokers of Baton Rouge
225-201-0202

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