Steel Fabrication Company - Contract Pending

Not Disclosed, CT
New Haven County

New Haven County

Asking Price: Annual Revenue:
$1,000,000 $1,401,086

Services: Construction, Contractors

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RE: Steel Fabrication Company - Contract Pending Broker: David A. Richman

Quick Facts

Asking Price: $1,000,000
Annual Revenue: $1,401,086
Net Profit: Not Disclosed
Cash Flow: $396,405
Total Debt: Not Disclosed
FF&E: $77,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 792854665
Broker Reference #: Not Disclosed

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Business Overview:

A great opportunity exists for a buyer seeking a steel fabrication and installation business in Southern New England. The seller started the business in 1998 and has created a successful enterprise. Excellent relationships exist with the area’s premier wireless telecommunications providers, contractors, and commercial builders. Steel platforms, mezzanines, and equipment frames are built and installed for the wireless telecommunications industry and other commercial customers. Medical equipment supports are made to customer specs. Smaller jobs include stairs, railings, and other custom projects for both residential and commercial customers. Currently the business operates with 3 experienced employees. The location in New Haven County of Connecticut is centrally located to easily access most of the state in under an hour, and with nearby highway access to major New England routes. Business administration is currently set up to be remote and shop operations have been streamlined. The business has relationships that span its 28 years of operations and continue to be sole-source service provider for its clients.

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Reason for Selling:

Relocating out of state.

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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