Business For Sale

Profitable & Growing Steel Fabrication Business!

Not Disclosed, MI

West Michigan

Asking Price: Annual Revenue:
Not Disclosed $7,394,379

Manufacturing: Metal Products

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RE: Profitable & Growing Steel Fabrication Business! Broker: Max Friar
Owner Financing is Available!
Limited Seller Financing Available for Qualified Buyers.

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $7,394,379
Net Profit: Not Disclosed
Cash Flow: $1,151,279
Total Debt: Not Disclosed
FF&E: $470,332
Real Estate: $100,000
Year Established: 1995
Employees: 16
BBN Listing #: 715345079
Broker Reference #: 041

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Business Overview:

This well-established Company has been serving its loyal customer base for over two decades! With consistent organic growth occurring over the past five years, this Company is in an excellent spot to be acquired. The Company has, over the years, defined itself as the premier leader in both quality, on-time delivery and affordable pricing for its niche structural steel fabrication services that serve primarily customers in the commercial construction industry.

Current ownership is open to remaining with the business for up to 2-3 years to ensure a smooth transition of all relationships. Regardless of the length that present ownership remains, they have expressed a strong desire to see the company continue to prosper and will do whatever they can to ensure that a new owner is setup to grow and succeed.

The Business maintains great relationships with both its customers and vendors and fully expects continued growth and strong profitability. The Company is primed for growth as current management gets to pick its choice of high-margin jobs.

The Company has demonstrated incredible resiliency during economic downturns, such as 2008-2009, by outperforming its competitors and remaining profitable. Also, the owners are grooming current employees to gradually overtake managerial duties.

The Company operates out of a beautiful facility in Michigan that is designed for expansion.

Thank you for reading this overview. The extent of the information that we are publicly permitted to reveal about this opportunity is contained in this overview. Please submit your contact information in the provided form. We have automated the processing of NDAs and sending of information for speed and efficiency. You will be sent a link to our online NDA. IF YOU DO NOT RECEIVE THE NDA LINK, PLEASE CHECK YOUR JUNK MAIL. If the email cannot be found please email and request a PDF version.

Once we receive your NDA and answers to some basic questions the Confidential Offering Memorandum (OM) will be sent to you from the project manager.
IF YOU DO NOT RECEIVE A FOLLOW UP EMAIL AFTER YOU SUBMIT YOUR NDA, PLEASE CHECK YOUR JUNK MAIL FIRST. If you do not see the email there, please contact us for support. Thank you in advance!

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Property Features and Assets:

The Company maintains a beautiful facility located on 4 usable acres that could easily be added on to. Ability to construct additional area for manufacturing, warehouse, shipping, and receiving, significantly expands production capacity over long-term. The office area contains 3 offices, a large room with desks and workplaces for collaboration, as well as a nice break room and toilet facilities.

Market Competition and Expansion:

Financial Stability and Flexibility: The Company has demonstrated consistent growth and strong margins and does not require debt to fund growth capital expenditures. Customer Satisfaction: First-class customer service has allowed the Company to forge strong, mutually beneficial relationships and recurring customers. The Company rarely 'bids' on projects, instead relying on negotiated work from its long-term and loyal customers. Consistent Demand: The Company has their choice of high-margin jobs and has no trouble staying busy. Management could go out and get work but does not need to, and has been perfectly content with the business that just comes in the door. Simplicity: The Business is well-managed, straightforward and efficient. The Company has a proven strategy for success that current ownership desires to pass on to transitioning ownership to help shorten the learning curve. Marketing: Adding any marketing tools, such as a website and advertising could greatly increase quoting opportunities and awareness of the Company. Facility Expansion: The Company’s facility was built for easy additions onto the back. Adding on to the facility would allow the Company to keep up with demand, take on more customers and give sales a huge boost! Revenue Capacity: With nominal investment the Company could increase sales. Working a second shift or hiring more employees could help the Company meet demand. Additional customers could be found with minimal investment in any outreach. The present owners have been content to operate the company as is and not grow faster.

Reason for Selling:

Owners desire to transition into 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.

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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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