Business Overview:
Quality fabricator of structural steel for both residential and commercial applications. In addition to fabricating steel, we can provide steel erection. Our Steel Division processes more than 4,000 tons of steel per year. We are an established market supplier of steel products to mid-size commercial construction projects such as schools, shopping centers, churches, libraries, etc.
Company is a quality fabricator of structural steel for both residential and commercial applications. In addition to fabricating steel, they can provide steel erection. The Steel Division processes more than 4,000 tons of steel per year. They specialize in small to medium size commercial fabrication projects which cannot be easily processed through larger plants because of the complexity of hand work needed in producing the final product, i.e. curved trusses, hip and valley, etc. Typical commercial projects include retail storefronts, new schools and school additions, restaurants, warehouse/distribution facilities, post offices and churches. Additionally, the Company is capable and ready to furnish steel to residential builders.
Additionally, the Company sells a large variety of contractor supplies in the following categories: drainage & erosion control, hardscapes, adhesives & chemicals, power & hand tools, safety, fasteners and many other building materials.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Assets=$6,575,000
Market Competition and Expansion:
There is no single company who competes in this market offering the same exact business model. There are construction supply companies and steel fabricators but no Company that offers both.
While the business has been challenged over the past few years along with the real estate market, the owners have done a good job consolidating and minimizing expenses. The business has been around for decades, and maintains a stellar reputation with builders and contractors in the area. This is a great opportunity for a vertical or add-on acquisition. The Company has recently added a job costing system to control losses and also has been focusing on smaller jobs to ensure profits and bring margins up.
Reason for Selling:
Retirement
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.