Texas Tank & Vessel Manufacturer Includes Real Estate
Sold -
Tank and Vessel Manufacturer with over 40-year history in Texas is now for sale. Business is positioned for full recovery. The 2022 RFQ (Request for Quote) activity is strong. New customer activity is outpacing prior years. This metal manufacturing plant fabricates, repairs and re-conditions pressurized and non-pressurized tanks and vessels. Customers are in the commercial and industrial refrigeration, utility, chemical process, natural gas and petrochemical industries. Employees are highly skilled, knowledgeable and have a track record of providing stellar customer service. Majority of the customer base is in-state. Potential for regional and national growth is unlimited. The purchase price includes the furniture, fixtures, equipment and Goodwill of the operating business and 10 Acres of Real Estate. (2022 Appraisal Value $3.5M) Ideal owner will have direct industry experience in the Manufacturing industry with some knowledge of engineering. Buyers who are engineers, or with engineering teams, will be uniquely capable to compound the potential for rapid growth.
- Industry:
- Asking Price:
- $4,200,000
- Revenue:
- $1,137,643
- SDE: Seller Discretionary Earnings (SDE) or Discretionary Earnings is the earnings of a business enterprise prior to income taxes, non-operating income and expenses, nonrecurring income and expenses, depreciation and amortization, interest expense or income, owner’s total compensation for those services that could be provided by a sole owner/manager.* (*Source: Valuing Small Business & Professional Practices, Shannon P. Pratt, Robert F. Reilly, Robert P. Schweihs, Third Edition McGraw-Hill)
- $117,255
- Inventory:
- $25,000
- FFE:
- $200,000
- Year Established:
- 1979
- Employees:
- 12FT/1PT
- Location:
- North Texas
- Building SQ FT:
- 22,000 +/- SQ FT
- Real Estate:
- Listings ID: