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Structural Steel Fabrication In Central Midwest For Sale

Central Midwest, US
Asking Price:
$4,100,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$6,963,282 (USD)
Cash Flow:
$1,040,505 (USD)

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.

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, but would be agreeable to consider working for a new owner during a 6–12-month transition period, if necessary.

Property Information

Premises Details:

Property includes a 7,600 SF +/- building and 2.36 acres. This is optional to the buyer at an additional cost of $500,000.

Size in square feet:
7,600

Business Operation

Reasons for selling:

Retirement

Employees:
16
Years established:
1991

Other Information

Support & training:

Seller willing to work for new owner during transition for period not to exceed 12 months.

Furniture / Fixtures value:
$750,000 (USD) - included in the asking price
Inventory / Stock value:
$500,000 (USD) - included in the asking price

Contact Kingsley Group-Business Brokers

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