Fabrication and Powder Coating Business
Off-MarketMorrison, OK
Fabrication & Powder Coating Business
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$2,200,000
$1,200,000
54.5%
2006
30+ Days
Customers
The business serves three major repeat customers, two since 2006 and one added in 2021 that has become the largest customer. The company also handles walk-in traffic.
Customer Acquisition
The company has not spent any money on marketing since 2008 and has no website. The business has been built entirely on reputation and word-of-mouth referrals from the initial major customer.
Team
The business has 15 employees, including the owner, with a manager in place handling 90% of customer management.
Owner's Role
The owner handles payroll, invoicing, back-office operations, and daily customer contact, primarily managing fires and high-level decisions.
Reason for Selling
The owner is turning 50 and is looking to slow down and consider a potential sale of the business.
Contracts
No
Real Estate
The facility is located on 3.5 acres and consists of three buildings: a weld shop that is 7,200 sq ft, a warehouse that is 2,400 sq ft, and a powder coat shop. All equipment is owned with no leasing arrangements. The owner built everything himself and has invested heavily in the facility. Estimated to be worth between $2 million and $2.5 million, which the owner is open to including in a sale.
When Are You Looking to Sell
3-6 months
Licenses Required
No
Additional Notes
The business fabricates for local manufacturers and recently added a powder coating line in October of last year. It is a high-margin, model-driven operation where customers provide all materials, leaving only labor and consumables as expenses.
Business ID: 1734
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