See Similar Listings

Well Established Manufacturing Company with a Motivated Seller

King County, WA
Asking Price:$2,948,000
Gross Revenue:$5,609,000
Rent:$14,500/Month
FF&E:$422,000
Cash Flow:$563,000
Inventory:$625,000
EBITDA:$588,000
Established Year:1987
Listing ID: 2292068Listing provided by BizBuySell
BUSINESS DESCRIPTION

Industry Leader with a long history

The Company is a leader in the industry and provides custom manufacturing and final assembly of cargo tanks, containers, trucks, and equipment. Servicing the aviation, petroleum, propane, cryogenic, ready mix, & dry bulk industries. The Company also provides contract fleet maintenance services.

Interested parties that fill out the attached NDA and email it to Shawn@grifco.com will receive a Certified Business Valuation and 5 years of tax returns to determine if they would like to move forward with a Letter of Intent.

ATTACHED DOCUMENTS
Nondisclosure Agreement.pdf.pdf Download
DETAILED INFORMATION
Location
King County, WA
Inventory
Included in asking price
Real Estate
Leased
Building SF
32,400
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The company has a 30,000-square-foot production and service facility and 2,400-square-foot office building. The facility is leased and has overhead cranes.
Competition
The global propane market has been experiencing significant growth, with projections indicating a robust trajectory ahead. Valued at $88.77 billion in 2022, the global propane market is expected to reach $225.10 billion by 2030, boasting a compound annual growth rate (CAGR) of 12.5%. This growth is driven by increasing demand in residential heating, industrial applications, and as a cleaner alternative fuel in transportation.
Growth & Expansion
The Company is well positioned with the people, systems and robust supply network in place. The Company has a long-standing reputation for its ability to meet the diverse needs of its customers, offering superior customer service, superior input components, and competitive prices. The Company enjoys strong customer relationships due to its reputation for quality workmanship and excellent customer service. This is evidenced by the Company’s high rate of repeat business.
Support & Training
Owner will train and make sure buyers are set up for success.
Reason for Selling
Owner is in his 70's and ready to retire.
Report an Issue with this listing
J Shawn Coleman
Phone Number
J Shawn Coleman
Call Phone