Large Steel Manufacturer W/ Contracts & Potential

Not Disclosed, CA
Los Angeles County

Asking Price: Annual Revenue:
$2,500,000 $5,887,315

Manufacturing: Metal Products

Request More Information
Contact the Seller

RE: Large Steel Manufacturer W/ Contracts & Potential Broker: Chris Beckman
Owner Financing is Available!
Seller will finance $500000.00

Quick Facts

Asking Price: $2,500,000
Annual Revenue: $5,887,315
Net Profit: Not Disclosed
Cash Flow: $679,072
Total Debt: Not Disclosed
FF&E: $900,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: 24
BBN Listing #: 351458242
Broker Reference #: 95371-795111

Email, Print & Share

Request More Information
Contact the Seller

Business Overview:

The company manufactures steel frames for buildings and other projects. They have outgrown their space, currently doing between $5M-$8M out of a 6,000 sqft. space, on a 2 acre lot. They have a lot of equipment and assets, and they could easily double or triple their annual revenue if they upgraded their space to around 20,000 sqft, as they could take on many more projects. Currently, they have to turn down a lot of contracts because they don't have the capacity to take them on. They are not able to take advantage of bulk pricing on materials either due to space limitations. They could easily double their profitability with an increase in operating capital and an upgrade in space. Once the steel frames have been custom built, they have a team of contractors that handle the installs as well.

-$2.5M Asking Price - Does Not Include AR
-With AR - Asking Price Estimated $4.1M
-Equity Value Estimate $3.1M

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

For the last 25 years, company provided its customers with the highest quality of metal fabrication in the construction industry. Our company's work experience is vast, diverse, and includes residential, commercial, and public works projects. Lays home to a 6,000-sq ft. L.A. City Certified facility for projects ranging from $500K-$3M. As signatories to both the Local Ironworkers and Local Operating Engineers Unions, our firm houses a staff and labor force that is committed to completing all our customer's projects in accordance with the highest standards of quality and efficiency. $4.15M Includes AR - Without AR Price is $2.47M

Market Competition and Expansion:

There is a huge potential for growth. This company currently has to turn down several contracts per year due to size and capacity constraints. With the right partner, or the right buyer, this company could double if not triple its annual revenues if operating at new full capacity. The owners project that they will do $12MM - $15MM in revenue a year in a larger facility (20,000 sqft. desired).

Reason for Selling:

Looking for a partner offering 49% of the business

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.

Relevant Links:

Request More Information
Contact the Seller is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!