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37690 - Big Potential In Houston Manufacturer For Sale

Greater Houston region., Texas, US
Asking Price:
$895,000 (USD) Furniture / Fixtures included
Sales Revenue:
$4,043,335 (USD)
Cash Flow:
$459,123 (USD)

From the Greater Houston region, local manufacturer specializes in designing, engineering and installing fire water pump systems, skid mounted packaged or modular equipment to its surrounding geographical region and some internationally. Since inception on 1984, company has serviced several markets and industries, such as Offshore Oil & Gas Productions, Petrochemical, and those needing parts repair among others. Headquarters is a prime 15,000 square foot facility that features nearly 12,000-sq. ft. of production area with the rest being office space and is altogether leased for $9,200 monthly, property is in excellent condition and able to of handle extra capacity. After a smooth transition period of one to three years, company is ready for an ambitious buyer to continue operations alongside a skilled team of thirteen nonunion employees with field experience. While marketing efforts consist mainly of maintaining their website and a proven-effective referral source system, growth opportunities exist by expanding to off-shore locations and achieve an even larger customer body. With instances of international business sales, were unaffected by the recent pandemic, and reached total revenue values of $4,043,335 in 2019, as well as a Seller Discretionary Earnings amount of $459,123. Based on an independent evaluation!

Property Information

Real Estate:

Lease

Lease Terms:

Monthly tenancy of $9,200.

Size in square feet:
15,000

Business Operation

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Business open from Monday to Friday: 8AM - 5PM; Manufacturer open Mon. through Fri. from 6AM - 2:30PM.

Employees:
13 nonunion.
Years established:
1984

Other Information

Support & training:

One to Three Years.

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

Financing can be negotiable for the right buyer.

Furniture / Fixtures value:
$50,000 (USD) - included in the asking price

Contact IAG

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