Steel Fabrication Co w/RE (Manufacturing, Metal Fabrication)

RI - Rhode Island, Providence

Seller Financing: Yes
Lender Pre-Qualified:
Listing ID: 74047
Status: Active

Listing Details

Listed Price: $300,000
Down Payment:
Total Sales: $650,000
SDE: $132,000
EBIT:
EBITDA:
FFE: $152,500 Included? Yes
Real Estate: $250,000 Included? No
Inventory: $10,000 Included? Yes
A/R: Included?
Default Image
Contact Information
Coastal Business Brokers
Suite 330 700 Pleasant Street
New Bedford Massachusetts 02740
Office: (508) 990-9800
Fax: (508) 990-4288
Email: coastalbizbrokers@verizon.net
www.coastalbizbrokers.com
Send Email To Agent
Reason for Sale: Pursue other interests.
Training: Two weeks or as needed for a smooth transition.
Financing Terms:

Operations

Year Established: 1980
Last Acquired:
Form of Ownership:
Home Based:
Relocatable:
Type of Location:
Absentee Owner:
Online:
Employees: Full Time: / Part Time:
Managers:
Hours:
Owner Hours:
Non-Owner Payroll:
Franchise Info:

Location

Lease Expire:
Option:
Lease Terms:
Lease Security:
Monthly Rent:
Square Footage:
Facilities: The company operates from a 2,400 square foot building on a major highway in Rhode Island, with good access to metro-Providence, Eastern CT, and SE MA. The facility is designed to handle large steel raw material including I-beam, sheet, and pipe. It has a drive through with 2 large 12 X 12’ foot roll up doors and a 5 ton crane that runs the length of the building. The Real Estate is available for sale for $250K.

Summary

Business Description: This custom steel fabrication company was started by the current owner in 1980. The company builds and installs structural steel fabrications such as stairs, railings, support structures, and decorative fencing used primarily in commercial, municipal, and institutional (schools, hospitals) buildings. It responds to RFQ’s from general contractors and builds to blueprints supplied by the customer and has the capability to cut, punch, bend, weld, paint and erect on-site complex steel projects weighing up to 70 tons.
Historical Summary:
Owner Qualifications:
Competition:
Potential Growth: