Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Listed by:

The Firm

Ethanol Plant Maintenance In lowa For Sale

Iowa, US
Asking Price:
$4,800,000 (USD)
Sales Revenue:
$7,256,948 (USD)
Cash Flow:
$948,382 (USD)

With nearly $3.5M in assets, this company offers over a dozen services throughout seven states! The certified team of 30-40 highly skilled employees uses their expertise to provide pipe welding, millwrighting, plant maintenance, mechanical work, air & asbestos work, instrument installation, confined space rescue, hydro blasting, excavating, and demolition. Assets include over $1.5M in equipment comprised of welding machines, a plasma table, mobile trailer, oxygen equipment, grinding equipment, mechanical tools, and hand tools, along with $1.3M in vehicles and $620,500 in inventory. The owner currently manages financial oversight and does not do labor.

Most of the work is in a four-state zone of Iowa, Nebraska, South Dakota and Indiana, but they have frequent jobs in Texas, Georgia and North Dakota. They are equipped to handle work anywhere within the continental United States.

Growth opportunities would include marketing, as most work is currently acquired through word-of-mouth tactics. Setting up more jobs outside of the main four states would also allow for more growth and revenue. They also have an expertise in Mechanical and Elevator work that is currently an untapped market.

Property Information

Real Estate:

Lease

Location:

Iowa-Office, Temporary on-site offices at job site

Business Operation

Reasons for selling:

Retirement

Employees:
30-40 year-round; all W-2
Years established:
2006

Other Information

Support & training:

6 months

Financing available:

Purchase Price: $4,800,000
15% Buyer Down Payment: $720,000
10% Seller Financing: $480,000
75% Bank Loan: $3,600,000

Related Documents:

Contact The Firm

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here