Seller's Contact Information
- RE: Structural Steel Fabrication
- Contact: Gary Rogers
Quick Facts
Asking Price: | $3,100,000 | |
Annual Revenue: | $8,063,198 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $1,224,933 | |
Total Debt: | Not Disclosed | |
FF&E: | 500,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1991 | |
Employees: | 16 | |
BBN Listing #: | 27561386 | |
Broker Reference #: | 3184 |
Business Overview:
This long-established business serves a regional Midwest market area as a manufacturer of structural steel fabrication products, such as: beams / columns / joist & decking / stairs & rails. This business works as a non-union sub-contractor to major local area General Contractors, and business revenue is typically awarded through an Open Bid Process by contract on a project specific basis. On-site installation work is routinely included as part of their subcontractor bid, but the actual work is outsourced to local area installers.  Â
Over the years this business has developed an excellent reputation for great customer service, and differentiates itself from other competitors by providing quality products to the job-site at competitive pricing and superior on-time delivery. Each of the shop fabricators are AWS certified welders, and the detailers have extensive CAD experience.
The owner is currently planning on retirement, however an experienced General Manager is in place to assist a new owner. Â
Inventory is valued at $800,000 and is in addition to the purchase price.
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Property Features and Assets:
*Real estate hold a value of $500,000 and is in addition to the purchase price.
Reason for Selling:
Retirement
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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