Specialty: Manufacturing Business
For Sale Charlotte NC

Carolina Businesses For Sale

Metal Fabricator & Industrial Field Services

For More Information Contact
Southern Mergers & Acquisitions, Inc.
(904) 819-6930
info@southernmergers.com
Southern Mergers and Acquisitions, Inc.

Business Profile: Metal Fabricator & Industrial Field Services

Mfg-Fabrication
Orangeburg
5420003

Purchase Information

Financial Information

$8,202,129
$1,321,915
0 Not Included
$1,800,000 Included
Available

Other Business Information

1990
45



N
N
N

Business Description

This 30 year old company caters to large industrial manufacturing plants and provides on-site field services like millwright, welding, fabrication, machining, etc. Another 40% of their work is fabricated at their 45,000 SF manufacturing facility which allows for large fabrication as they have 30 ton overhead crane capacity. There is a large fleet of vehicles the employees use for getting to job sites including Steel Mills, Power Plants, Paper Mills, Mining/Cement Mills and other general industry. 60% of their business is done with their top 6 customers with the two largest accounting for just 14% of sales each. They can work on special designed equipment, re-design or provide a complete set "As Built" drawings.


Sales in 2018 were $9,272,801 with over $1,500,000 of adjusted earnings. Sales in 2019 and 2017 were $8.2 Million with adjusted earnings of just over $1 Million each year. There are a total of 45 employees all of which have strong skill sets. The owner is ready to retire but will provide a long training and transition period for a buyer.


There is no formal asking price but the owner hopes to get close to a 4.5 to 5 multiple on the business. There is also a preference to sell the real estate.

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.

Southern Mergers & Acquisitions, Inc.

(904) 819-6930

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Southern Mergers & Acquisitions, a Charlotte Business Broker / Business For Sale Charlotte NC

19520 West Catawba Avenue, Suite 111 A, Cornelius, North Carolina 28031 | 704-897-8232

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