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Asking PriceUndisclosed
Revenue$4,061,000 Established1979
Cash Flow$473,000 Employees30 full-time
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableNo
Real Estate$2,000,000* Home-basedNo
* Included in Asking Price
This company was founded by the owner about 40 years ago and he is looking to retire. They have a facility with tall ceilings and over-head cranes in excess of 100,000 total SF, but some of their work is done on site in various customer sites for manufacturing/industrial settings. As a result, there are numerous commercial vehicles included in the asset list.

Some work includes tanks, vessels, hoppers, conveyors, duct-work, electrical, epoxy flooring, exhaust stacks, fan housings, lighting upgrades, maintenance, material handling, ovens, piping and plant re-location.

Customers include all types of Industrial and Commercial applications. There are 30 employees total. This is a "C" Corporation so the structure of the sale needs to be tax friendly.

The owner owns the real estate personally and has a strong preference to sell the business and real estate together. There is no formal asking price but the Seller believes the real estate is in the $2M to $2.5M range while the business is likely in the $1M to $2M range. There is approximately $500k in adjusted earnings annually, but this does include rent paid to the owner.

Required Licenses: Business
Training/Support:Seller will negotiate a transition period
Sale Reason:Retirement
Ad #113361
Seller Reference #CHARLNC001-N777
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Bill Law
(704) 897-8232
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