East TN Metal Fabricator exploding with new orders and WIP!
Cumberland County, TN
Seller Financing Available
E Tennessee metal fabricator known for excellence in custom fabrication, certified welding repair, retrofitting and refurbishing (including remote repairs), is also a dependable metals supplier: keeps most sizes of channel, bar, angle, pipe, and plate in inventory, and is equipped to cut, bend, or punch to customer specifications. Equipped to fabricate anything metal, the company is constantly expanding design capabilities and adding equipment (CNC plasma cutting table, milling machines, etc.) to be able to tackle ambitious custom projects.
Steel railings are a specialty- seller has the equipment and expertise necessary to create from blueprints or design whatever the need; whether it be a new mezzanine, stairway, railing or other project— porch, and stair railings for both residential and commercial buildings are custom manufactured to exacting specs.
This business is well-known and positioned to grow with a new owner. Projected cash flow 2017 is well-over $100k.
Inventory: Not included in asking price
Real Estate: Owned Building SF:6,000
Facilities: Ample 6000 square foot industrial building work shop built in 2011, includes forklift, tools and equipment such as CNC plasma cutting and milling machines. Seller consistently stocks most sizes of channel, bar, angle, pipe, and plate in inventory, and is equipped to cut, bend, or punch to customer specifications. Buyer can lease the facility for 10 years at the fixed rate of $2350/month, or purchase the income-producing real state ($650,000): 4 acres, with three buildings of 6000sf, 2000sf, and 7500sf, the last of which has a long-term tenant.
Competition: Large and small, other machining and metal fabricators serve the region. Some are primarily materials suppliers, only a handful are focused on custom, finished installations, even fewer have the skilled staff that can offer the precision customers expect from this company.
Growth & Expansion: The shop is the perfect opportunity for a strategic acquisition- or an extension for a smaller firm to bring in services and expand their customer base.
Skilled, dedicatedstaff,including shop foreman,engineer, designer, production manager, and administrative.
Support & Training: Negotiable period of training and transition.
Reason for Selling: Retirement
Interested in Buying the Metal Fabricator? Contact me!
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Alliant Capital Advisors LLC
Alliant Capital Advisors, LLC is the largest full-service intermediary firm in four mid-south states, offering exit strategies to privately held business owners. From Main Street sales and mid-market transactions, to high-level mergers and acquisitions, Alliant employs decades of collective experience in corporate practice and as brokers, and we observe the highest professional standards in our industry.