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Description
Texas Tank & Vessel Manufacturer Includes Real Estate
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Tank and Vessel Manufacturer with over 40-year history in Texas is now for sale. Business is positioned for full recovery. The 2022 RFQ (Request for Quote) activity is strong. New customer activity is outpacing prior years. This metal manufacturing plant fabricates, repairs and re-conditions pressurized and non-pressurized tanks and vessels. Customers are in the commercial and industrial refrigeration, utility, chemical process, natural gas and petrochemical industries. Employees are highly skilled, knowledgeable and have a track record of providing stellar customer service. Majority of the customer base is in-state. Potential for regional and national growth is unlimited. The purchase price includes the furniture, fixtures, equipment and Goodwill of the operating business and 10 Acres of Real Estate. (2022 Appraisal Value $3.5M) Ideal owner will have direct industry experience in the Manufacturing industry with some knowledge of engineering. Buyers who are engineers, or with engineering teams, will be uniquely capable to compound the potential for rapid growth.