Very impressive metal fabrication shop has been in business for 40 years. Business focuses on structural steel and steel containers. Company will contract to do some steel erection for commercial properties. Company is non-union.
Company has pretty much limited its business where delivery is required to a 100 mile radius taking in most of Southern Louisiana and Mississippi. Company will fabricate and ship anywhere. Company has the plant capacity with additional staff to increase production volume 3 to 4 fold. Company subscribes to a computer database of jobs to be bid on. From this they generate most of their business.
Company occupies a building of about 46,410 sq ft on an about 8 acre tract of land. This real estate is included in the sale. The building contains an office of about 5000 sq ft. The work area has concrete flooring in about 70% of the area and aggregate in the rest. The real estate has an estimated value in excess of $1.3 million.
Company has an impressive array of equipment and if bought new would cost over $1 million. Equipment includes: 8 overhead cranes, forklifts, a tractor/truck and multiple trailers for deliveries, a 10’x40’ plasma and oxie gas burning table and all the other equipment needed to work up to 1/2�? steel plate. A comprehensive list of equipment is available by request.
Company is located in a nice size suburb community just a short distance and a short drive to Baton Rouge, La. Real estate is just off a major 4 lane US Highway with an interstate nearby.
Seller’s staff is willing to stay on to train new owner and to facilitate the transition. With the billions of dollars of new plant construction and plant expansions coming to south Louisiana over the next several years, the outlook for this company and the industry is very bright. Seller has very significant other business interests and is highly motivated to sell. Seller is open to substantive offers. Seller will seriously consider and promptly respond to all reasonable offers. Come see this significant fabrication shop. We promise you will be impressed and want to make an offer.
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