Steel Fabricator
Location:
United States
->
Utah
Industry: Manufacturing > Metals Manufacturing
Business Summary
This medium-sized steel fabricator/erector has an excellent reputation for quality, accurate, on time projects. They focus on bidding jobs in the area surrounding the Wasatch Front. They have developed relationships with large general contractors because of their attention to detail and the fact they have their own (non-union) erectors. They can handle any job from the original bid clear through the erection phase – a capability general contractors appreciate. Because of their reputation and relationships, they are asked to bid on lots of projects, allowing them to pick and chose the best jobs.
The Company is AISC certified which opens up more opportunities for bids. They will be moving to a new facility in June, which will almost double their usable floor space. The new space is clear span allowing for a more efficient operation, lower operating costs and lower monthly lease payments. These changes will certainly increase net profit. Currently they have $2,500,000 in work under contract to be completed in 2009 and they are still bidding more jobs. This business is pre-approved for SBA financing to a qualified buyer. Asking price is $1,000,000. Contact for more information on this Steel Fabrication business for sale.
Financials
Asking Price Range: $1.0M - $2.5M
Gross Revenues:
$3,236,603
Cash Flow:
$290,620
Cash Flow Type: EBITDA
Inventory: $348,554
Seller Financing: Yes
About The Business
Year Established: 2004
Number of Employees: 35 - 49
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: Negotiable.
Reason For Selling: Family issues.
Click on the "I'm Interested" button above for more information on this Manufacturing > Metals Manufacturing business for sale.
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Print Listing Id: 70079702
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