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Louisiana Business For Sale |
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| STEEL FABRICATION, DISTRIBUTION, ERECTION & REPAIR |
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| Attn: Mickie Bernard |
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| Not Disclosed, LA, USA |
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| Asking Price: |
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Not Available |
| Business for Sale Industry: |
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Services: Construction, Contractors |
Year Established: |
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1989 |
| # of Employees: |
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50 |
| Yearly Revenues: |
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$15,800,000 |
| Yearly EBITDA: |
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$3,100,000 |
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Business for Sale Overview:
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The March Group, LLC currently represents a well-established & profitable steel building supplies & contracting business. The dealer of pre-fab metal building materials from a variety of manufacturers including Whirlwind, Metal Sales, McElroy, Wheeling, MBCI, Rigid, and Dura-Loc, the company can also customize products & fabricate components in-house. Contracting revenues are generated principally by metal roofing & siding projects, carport/canopy construction, & repair work. Client base is split almost evenly between residential, commercial, & industrial clients, including several organizations that the Company has worked with for nearly a decade. Revenues increased from $6.3 MM in 2004 to $15.8 MM in 2006, an average increase of over 60% annually. Although a portion of the sales spike is owed to emergency rebuilding efforts following Katrina, management is projecting consistent growth into the future; the contracting company is already offered more business than it can accommodate. The Company currently operates within a 50 mile radius; an investor would be well-prepared to geographically expand the Company’s market.
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Property Features and Assets:
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Combined operations occupy a 30,000 sq. ft. facility on approximately 4 acres of land. The main structure totals 20,000 sq. ft. with approximately 1,500 sq. ft. of offices, 2,000 square foot of fabrication shop, with the remainder dedicated to warehousing product. Another three outbuildings totaling approximately 10,000 square feet are used for additional storage. The building and property are Company-owned and available for sale or long-term lease along with the business. |
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Market Competition and Expansion:
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“Rebuild stronger with steel”: Known durability, long-term cost effectiveness, & resistance to fire, insect damage & extreme weather conditions, steel is expected to be the material of choice for reconstruction efforts in the hurricane-devastated Gulf Coast region. |
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Additional Details:
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- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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