Structural Steel Manufacturing, Fabricating

New York, NY
New York County


Asking Price: Annual Revenue:
$18,995,000 $23,859,594

Manufacturing: Metal Products


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RE: Structural Steel Manufacturing, Fabricating Broker: MergersCorp M&A International

Quick Facts

Asking Price: $18,995,000
Annual Revenue: $23,859,594
Net Profit: Not Disclosed
Cash Flow: $4,687,104
Total Debt: Not Disclosed
FF&E: $7,200,000
Real Estate: $3,175,000
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 264760186
Broker Reference #: L#2020446

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Business Overview:

Includes $7.2MM in FF&E, and excludes all cash and retainage. Normal working capital of current assets (minus cash and retainage) less current liabilities is included in the Purchase.

Company:
The business is a structural steel manufacturing, fabricating, and erecting business that is certified by the American Institute of Steel Construction (AISC).

Management:
The company is an S Corporation. The owners actively manage the business and will stay during post closing.

Facility:
The business is situated on over ten (10) acres of property and has facilities totaling over 40,000 square feet. The property is not included in the purchase.

Acquisition Highlights:
? AISC Certified
? Long established business with solid reputation for timely job completion
? Bonding only required on approximately 15% of jobs.
? Non-Union facility
? Available Capacity – Currently running one shift
? No Projects have been placed on hold due to Covid-19 reasonable transition period of at least 1 year. mid-level management is in place.

Location:

Strong, The business is located in the outskirts of a metropolitan area.

FINANCIAL SUMMARY

2019

2018

2017

2016

2015

Revenue

23,859,594

29,007,453

20,658,503

21,095,843

24,401,583

Cost of Goods Sold

19,129,483

21,326,834

14,615,477

13,381,875

16,396,293

Adjusted EBITDA

4,687,104

4,538,044

3,118,848

5,170,509

4,821,054

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.

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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