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Southeast USA Businesses For Sale

Structural Steel Fabricator with Real Estate1985

Business Profile: Structural Steel Fabricator with Real Estate1985

Mfg-Fabrication
Greer, SC
N833-BL

Purchase Information

$3,940,600

Financial Information

$3,000,000
($1,400,000)
0 Not Included
Included
$114,600 Included

Other Business Information

1985
17



N
N
N

Business Description

This multi-facet company has been established for many decades. The majority of their sales and profits lie in structural steel fabrication as they have a facility ideally suited for their needs with many over head cranes. They also have limited competition in the markets they cater to. However, they also have several other profit centers including commercial truck repairs, hydraulic hose and fittings and other industrial parts supply. The owner would like to sell the real estate (appraised at just over $1.1 Million recently) with the business which is separately priced at $2.8 Million but includes a lot of equipment and inventory. The owner is ready to retire and he does not have other family members to pass the business down to. This business is best suited for a hands-on owner operator but it might be possible to manage somewhat remotely. Structural Steel sales are approximately $2.5 Million annually while the other divisions represent just over $500k in sales. Seller's discretionary earnings are approximately $800,000 with most of this shown as profit on the tax return for 2021. 2022 sales and profits are trending along that of 2021. Buyers will need to provide a signed Confidentiality Agreement and provide other info prior to getting more details on this listing. Bill Law is the listing broker cell 704-904-6624 bill@sunbeltbrokers.biz

Please Note: All listings herein are exclusive to this listing office as of the date of submission. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect.
William A. Law, CBI
(704) 644-1141
(704) 904-6624
bill@sunbeltbrokers.biz
Southern Mergers & Acquisitions, Inc.
255 S. Matanzas Blvd.
St. Augustine, FL 32080
www.charlotte-business-broker.com
Listing Number:  N833-BL
 

Southern Mergers & Acquisitions, Inc.

(704) 644-1141

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Southern Mergers & Acquisitions / Manufacturing, Distribution & Service Businesses
19520 West Catawba Avenue, Suite 111 A, Cornelius, North Carolina 28031 | 704-897-8232

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