Metal Fabrication Business and Real Estate For Sale
Asking Price: | $2,000,000 |
Inventory: | $50,000 |
Established Year: | 1987 |
Gross Revenue: | $1,100,000 |
FF&E: | $350,000 |
Certified to provide services to the City
Founded in 1987, the Company was originally formed to fabricate and install residential and commercial burglar bars in the Houston area, with a unique method of quickly and safely exiting a building from the inside, in the event of an emergency, through the use of a latch, patented by the owner, for quick release of one or more secured windows, allowing the bars to swing open, like a door, from its secured position. It was the quality of work and service on this initial venture that led to requests from builders to fabricate more ornate items, such as metal stairwells, metal doors and inserts, window customizations, kitchen customizations, etc., for residential and commercial installation.
Additionally, the Company fabricates and installs structural metal components, producing items such as specialized beams, floors, subflooring, platforms, stairwells, etc., typically for customers of a more commercial nature. The Company is certified to provide structural contracting services for the City of Houston.
The Company operations are managed by a well-tenured team loyal to the owner; the owner primarily manages the financial concerns of the business as well as some customer relations. The Company currently employs 14 individuals; one administrative with the remainder operational. The owner expects to be involved for a period of time post-transaction, in order to ensure a smooth customer and employee transition.
The Company facility is located on two adjacent residential lots (54,000 sq ft surface area combined), near a major roadway in Houston. Buildings include: a fabrication shop, a paint/finishing shop, a single family home (utilized as Company office), a single family home (rented) and a duplex (both units rented). The fabrication shops are wired for and utilize three-phase power. The owner would prefer to sell the real estate with the business, and has included it in the listed price.
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