LINCOLN, Nebraska
| Asking Price |
$2,650,000 |
Year Established |
1960 |
|
| Annual Revenue |
$3,817,632 |
Reason for Selling |
Age/ Retirement |
|
| Annual P/L |
$0 |
Attention |
|
|
| Annual Cash Flow |
$643,185 |
Listing Number |
1016345 |
|
| # of Employees |
8 |
Business Category |
Services: Construction, Contractors |
|
Business Overview:
Established in 1960, this business has a diverse repeat client base which is comprised of farmers & ranchers, commercial building owners, schools, government, and the FAA. This large-scale assembler is recognized as a top performer in the assembly of metal frame structures, such as grain silos, pole barns, and buildings. This premanufactured steel structure installation business is passively owned as the General Manager runs all day-today operations. The business comes with over $2.2million in WIP and over $1.5million in their pipeline, in addition to $1.1million worth of assets. The average project ranges from $40,000 - $500,000 and can be complete in less than 2 weeks.
Located in South Central Nebraska, with very low overhead of only $1,500/mo. The business is regularly recommended by its customers, and world-renowned vendor Behlen Manufacturing. The project types are as followed: Premanufactured Structures, Steel Buildings, Pole Barns, Grain Bins, Storage & Garages, and Airplane Hangars. The owner only checks in twice per week! There are 8 full-time employees in the business including the GM, an Office Administrator and 6 in Field Labor. The seller has offered to carry 12.5% of the purchase price as a show of good faith in the continued success of the business post-close.
Property Features and Assets:
<p>Assets Included in Purchase: $1,167,249<br></p>
Market Competition and Expansion:
<p>Growth Opportunities: Expand territory/ no restrictions<br></p>
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity