Installation and PM of Pre-Fab Buildings

GRAND ISLAND, Nebraska

Asking Price	$2,425,000	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	1017763
# of Employees	8	Business Category	Services: Construction, Contractors

Business Overview:

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. 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. Located in South Central Nebraska, with very low overhead of only $1,500/mo. The opportunity 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. There are 8 full-time employees in the business including the GM, an Office Administrator and 6 in Field Labor. 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. This business is passively owned as the General Manager runs all day-to-day operations - the owner only checks in twice per week! The seller is planning for retirement and has offered to carry $450,000 of the purchase price as a show of good faith in the continued success of the business post-close.

Property Features and Assets:

<p>Vehicles: $421,430 </p><p>Machinery & Equipment: $645,819 </p><p> WIP: $2,218,226 </p><p>Pipeline: $1,572,000 </p><p>Working Capital: ~$100,000<br></p>

Market Competition and Expansion:

Additional Details: