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Elite Industrial Process Piping Business

Business Number: #0112011801      ***Pre-Qualified for SBA 7a Loan***

Business Type:  Ohio Based – Elite Industrial Process Piping Company

Years in Business: 33+ 

Key Strengths or Product Focus:

  • Consistently profitable, high volume business with tremendous upside potential
  • Established reputation includes strong, trusting relationships with customers in nine different industries (Strong, Long-term Customer Base)
  • Well established list of repeat clientele – in nine different industries
  • Financially stable, Turnkey operation
  • Outstanding safety record and protocols in place (Extremely low EMR (Experience Modification Rating) safety rating of .47)
  • In-house training program (includes after-hours welding and pipefitting school)

Location/Facilities:   One location, centrally located near the major metropolitan area – Just minutes from several Interstate Highways.

7,160 Sq ft. Functional Work Space:  4,420 Sqft. Industrial area + 1,829 Sq ft Office area + 910  Sq ft Storage

(Real Estate is available, but not included in the business sell price)

Hours of Operation:             Monday-Friday 9:00am-5:00pm

Weekends & Holidays as needed

Sales/Revenues:   Fiscal Year End September 30, 2018 Sales of $6,675,926

Average Annual Sales past four years $5,577,287

Fiscal Year End September 30, 2018 SDE of $1,380,024

Projected SDE for the fiscal year ending September 30, 2019:  $1,820,398

Type of Projects:                  High-End Custom Industrial Piping

Industries Served:    Chemical, Automotive, Industrial Utilities, Textiles, Packaging/Paper, Brewing/Distilling,  Food/Beverage, Plastics, Pharmaceutical (Several Fortune 500 Companies)

Area Served:                         Ohio, Kentucky & Indiana

Employees:                            Full-time: 40-48   Part-time:  0   

                                                  Sub-Contractors:  As needed

Experience Necessary:      Management, Sales

Fixed Assets Value:             $600,000+ Excludes Real Estate (RE not included in business sale price)

Inventory Value:                    $45,000 (Included in sale price)

Upside Potential:                  Deeper dive into current customer base via Business Development Manager (hired April 2018)                                   Explore untapped customers in Chemical, Food & Beverage Plant Industries

Other Comments: Profitable “Turnkey” operation, with upside potential

Sellers Retiring (Estimator/Owner willing to work through transition if necessary

Family owned and operated since inception in 1985.

Reputation for quality products and service. 

Business Sell Price:     $5,049,999* 

*Real Estate available separate from the business at $449,999

Compelling Reason for selling:  Owners are Retiring

Financing Available:  Pre-Qualified for SBA 7a Loan Program

Note:    Summary of Financial Data available when signed non-disclosure statement and financial source/statement is obtained by the broker agent.

Mike Lohbeck, CBI

MGL Business Solutions, LLC

Mike@MGLBusinesssolutions.com

Phone 513-200-0247

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New Listings coming soon:

  1.  Residential & Commercial Roofing Business

              -Seller’s Discretionary Earnings of $500,000 per year

      2.  High-End Construction Tool Rental Business

      3.  Niche Manufacturing Business

              –Seller’s Discretionary Earnings of over $100,000 per year

      4.  High Volume Wholesale/Retail Mulch and Aggregate Business

For more details, please contact us today at:

Mike Lohbeck, CBI

MGL Business Solutions, LLC

Mike@MGLBusinesssolutions.com

Phone 513-200-0247