Premanufactured Steel & Metal Building Erection
Grand Island, NE Hall County
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- RE: Premanufactured Steel & Metal Building Erection
- Contact: Not Disclosed
Quick Facts
| Asking Price: | $4,355,000 | |
| Annual Revenue: | $5,525,295 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $1,116,994 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1960 | |
| Employees: | 8 | |
| BBN Listing #: | 996907 | |
| Broker Reference #: | CBI053-A |
Business Overview:
Installation & erection of prefabricated steel structures since 1960 with a strong General Manager in place. This large-scale assembler is recognized as a top performer in the assembly of metal frame structures, such as grain silos, pole barns, and buildings. The business is regularly recommended by its customers, and world-renowned vendor Behlen Manufacturing. Located in South Central Nebraska, with very low overhead of only $1,500/mo., the General Manager runs all day-to-day operations. The owner only checks in twice per week! The average project ranges from $40,000 - $500,000 and can be complete in less than 2 weeks. The diverse repeat client base is comprised of farmers & ranchers, commercial building owners, home owners, schools, government, and churches. The project types are as followed: Premanufactured Structures, Steel Buildings, Pole Barns, Grain Bins, Storage & Garages, and Airplane Hangars. There are 8 full-time employees in the business including 2 Office Administrators and 6 in Field Labor. The seller is planning for retirement and has offered to stay with the business for 6 months to one year as part of the transition period. Additionally, the seller has offered to carry 15% of the purchase price as a show of good faith in the continued success of the business post-close. With a purchase price of $4,355,000, a buyer will need $435,500 of unborrowed funds to become the new owner of this business. Growth opportunities include geographical expansion as there are no restrictions for this continued reach.
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Market Competition and Expansion:
Growth Opportunities: expand territory/ no restrictions
Reason for Selling:
Age/ Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Documents:
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