Steel Fabricator With Reliable, Repeat Customers

Business Overview:

This custom steel fabrication business has developed a 40-year reputation with dealers and customers by providing well-designed, quality, differentiated products that meet exacting client standards, while providing exceptional service and on-time delivery.

The business fabricates mezzanine systems, catwalk systems, access stairways, railing systems and custom material handling systems, amongst other products. Customers include, but aren’t limited to, national retailers, fuel centers, general contractors, and dealers.

Its top customer, a $30 billion market cap public company, has provided ~$1.3 to $2.6 million in annual revenue for each of the past seven years, and this customer is pursuing an expansion strategy which bodes well for continued demand for continued demand for this steel fabricator's products.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The business is operated from a 20,000 square feet building on 2 acres of land. The building is clean, in great condition, well organized, and efficiently configured. The principal of the business owns the real estate separately with another partner and lease the property to the business. The real estate will be leased to a business buyer with rent and terms consistent with the current terms. The equipment is high quality, well maintained, and in good working order.

Market Competition and Expansion:

This is a fragmented industry comprised primarily of family-owned businesses with 10-100 employees that serve local or regional markets. By consistently providing well-designed products that meet exacting customer standards, delivered on time, with exceptional service, and a low defects rate, it has developed a brand that's a durable competitive advantage which has resulted in repeat business, with some of its customers using its products well beyond this business' Pacific Northwest region. This business has been content with maintaining a fairly consistent level of business over the past several years. Consequently, the only real marketing the business has done for years is maintaining its website, and being part of a paid industrial directory. Roughly 40% of business comes from dealers who sell for it, and 60% comes from direct customers. At least six opportunities for growth have been identified.

Reason for Selling:

Retiring

Additional Details:

Documents:

Relevant Links:

• View more Washington businesses for sale
• View more Businesses For Sale in the same industry
• Sell a business online
• Find a business broker