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
Phone 513-200-0247
=====================================
New Listings coming soon:
- 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
Phone 513-200-0247