Steel Fabrication and Erection Contractor

Not Disclosed, FL


Asking Price: Annual Revenue:
$4,400,000 $12,103,579

Services: Construction, Contractors


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RE: Steel Fabrication and Erection Contractor Broker: Jason Godwin

Quick Facts

Asking Price: $4,400,000
Annual Revenue: $12,103,579
Net Profit: Not Disclosed
Cash Flow: $3,913,540
Total Debt: Not Disclosed
FF&E: $330,000
Real Estate: $900,000
Year Established: 1990
Employees: 46
BBN Listing #: 362130362
Broker Reference #: 47819137

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Business Overview:

Semi-Absentee Owned Structural Steel Fabrication and Erection Contractor. Owner currently works less than 10 hours per week. Operated by a well-equipped team of key management and leadership level employees including business development staff. No role left vacant with owners exit. Substantial work backlog far into 2022 with large clients like Amazon, 7-11, and Race Trac. Large diverse long-standing customer base with no customer concentration, many with 30+ year relationships. Specializing in the fabrication of structural steel for commercial construction of buildings, warehouses, retail centers, gas stations, distribution centers, and many more. Owner has built the business to operate in their absences making this the perfect opportunity for an acquisition. The sale includes the real estate, inventory, FF&E, as well as $500,000 in working capital. Solid reputation and 30 plus year track record with no money spent on marketing allowing for buyer value-add and growth potential.

We have taken the steps to have this opportunity prequalified with Gulf Coast SBA.

Down Payment: $865,000

Additional Financial Information:
2020
Cash Flow: $ 769,353
Gross Revenue: $3,625,686
EBITDA: $768, 569

2019
Cash Flow: $777,844
Gross Revenue: $5,238,479
EBITDA: $777,159

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Reason for Selling:

Retirement

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.

Relevant Links:

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