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Listing ID: 2428612

West Virginia Structural Steel Fabricator, with Real Estate Included For Sale

Confidential, West Virginia, United States

$ 2,400,000

(Furniture / Fixtures and Inventory / Stock included)
(Real Estate Included)

Revenue: $ 3,140,296

Cash Flow: $ 386,340

Business Description

This Structural Steel Fabricator has remained profitable since it's founding in 1946! The current owner moved out of the area and has been absentee owner since 1973. Company has developed a very solid list of loyal customers as well as dedicated employees and reliable suppliers. Not being dependent upon any particular industry has allowed it to thrive during ups and down in the economy.
Sale price includes the real estate valued at $800,000.
Bank financing is available with extensive property and equipment as collateral. Broker can assist with SBA guaranteed financing that requires low down payment and reasonable terms.

Property Details

Size:

28,500 sq ft

Years Established:

1946

Property Type:

Real

FF&E:

$200,000

Inventory Value:

$376,306

Real Estate Value:

$800,000

Other Details

Operation Details

Employees:

10

Trading Hours:

Monday-Friday. 9:00 - 5:00

Miscellaneous

Financing Available:

Yes

Reason For Selling:

Manager is 66 yrs old and planning to retire in 2 years. A good time fro new owner or owner operator to step in.

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