*SBA Financing!* Structural Steel Construction Co.

Not Disclosed, CO
Montrose County

Asking Price: Annual Revenue:
$2,490,000 $6,100,000

Services: Construction, Contractors

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RE: *SBA Financing!* Structural Steel Construction Co. Broker: Seller of Business

Quick Facts

Asking Price: $2,490,000
Annual Revenue: $6,100,000
Net Profit: Not Disclosed
Cash Flow: $1,150,000
Total Debt: Not Disclosed
FF&E: $450,000
Real Estate: $1,695,000
Year Established: 2000
Employees: 25
BBN Listing #: 917853902
Broker Reference #: 40715814

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Business Overview:

Founded in 2000, this twenty-year-old architectural and structural steel manufacturing business is part of the high end construction sector in Western Colorado. The company fabricates, erects, and installs steel framing studs and metal roofing components. The business employs a large, experienced work crew who expertly handle all services provided.

Generally, work is obtained through a bidding process, in competition with a few other competitors. This business's bids, on available projects are based on fair and equitable market values. Because this company is a full service business, where all aspects of a job are performed, most contracts are won by this company. Competitors do not offer the array of services this Business provides. The majority of work is done in nearby mountain resort towns covering high-end residential work, General Contractor requirements, and Business requisites. The Company also works with neighboring contractors, businesses, and homeowners as well.

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Property Features and Assets:

The business operates from a 15,000 square feet building, located on a 40-acre property. 75% of the main building is utilized with office space, employee areas, storage, shop, and production areas. The remaining 25% of the building is available for expansion. Outside of the main building is 40-acres of land containing large open storage areas, modest storage buildings, capable of handling an exceptionally large inventory of steel products used in the industry.

Market Competition and Expansion:

This Business operates in a region where a little competition exists. Because of this, the business operates comfortably, as there is always work available. Competitors in the area are rarely able to extend the complete array of services offered by the Business. To facilitate expansion, new ownership could acquire a Beam Line System for steel fabrication, to increase productivity. Developing a website, creating a marketing plan, and utilizing social media would be beneficial in the pursuit of additional commercial work.

Reason for Selling:

Owner plans to retire from this industry.

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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