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37662 - Take-All Petrochemical Manufacturing Business In Texas! For Sale

Texas, US
Asking Price:
$7,999,000 (USD) Furniture / Fixtures included
Sales Revenue:
$2,684,392 (USD)
Cash Flow:
$493,746 (USD)

All-inclusive with Cash, A/R, Property, Equipment, Raw Quadrupled Inventory and Seller Transition of up to 12 months! Fabricating company from Northeast of Amarillo, specializes in providing metal replacement parts used in the processing and production of petrochemical or carbon black products. Also selling a niche range of materials such as stainless, galvanized and carbon steel such as plate sheets, I‐beam channel iron, and pipe tubing of all categories. Headquarters is dispersed throughout six owned buildings that total 42,000 square feet and feature 400-sq.ft. of office space; while the remaining footage is used for production, warehousing and maintenance. Sold alongside the business, property is in good condition, zoned for commercial use, and capable of increasing 30% operating capacity. Strategic marketing efforts focus on targeting chemical plants, oil fields and other potential clients in Oklahoma and Colorado, while expanding their service radius of 40 miles within Texas’ panhandle region through an effective referral source system. Benefited by a track record of 75 years since its inception in 1944, and a skilled personnel of 17 nonunion employees with field experience, company presents phenomenal growth opportunities for strategic buyer looking for a profitable return on minimal capital investment. As its strong reputation and returning base have proven to be promising, sales continued to peak for the past half-decade, currently projecting to outpace 2019 gross sales with $2,800,000 total; revenue in 2018 reached $2,684,392 with SDE’s of $493,746.

Property Information

Real Estate:

Real Property Included

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Monday to Friday from 7:00am - 4:00pm.

Employees:
17 nonunion.
Years established:
1944

Other Information

Support & training:

Up to 12 months.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Financing negotiable for the right buyer.

Furniture / Fixtures value:
$848,313 (USD) - included in the asking price
Inventory / Stock value:
$111,500 (USD)

Contact Information

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