Hot Listing

SBA Approved! Residential Structural Steel Construction Business

Sale Pending

Asking Price$3,946,000

Cash Flow
$1,351,378

EBITDA$1,255,014

Gross Revenue$6,427,817

Inventory$300,000
Not included in asking price
FF&E$650,000
Included in asking price
Real Estate$2,020,000
Not included in asking price
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Hot Listing

SBA Approved! Residential Structural Steel Construction Business


Sale Pending

Asking Price$3,946,000

Cash Flow
$1,351,378

EBITDA$1,255,014

Gross Revenue$6,427,817

Inventory$300,000
Not included in asking price
FF&E$650,000
Included in asking price
Real Estate$2,020,000
Not included in asking price

Seller Financing Available
Business Description
Founded in 2000, this twenty-year-old architectural and structural steel manufacturing business is part of the high end construction sector in Western Colorado. The company fabricates, erects, and installs steel framing studs and metal roofing components. The Business employs a large, experienced work crew who expertly handle all services provided.
Generally, work is obtained through a bidding process, in competition with a few other competitors. This business's bids, on available projects are based on fair and equitable market values. Because this company is a full service business, where all aspects of a job are performed, most contracts are won by this company. Competitors do not offer the array of services this Business provides. The majority of work is done in nearby mountain resort towns covering high-end residential work, General Contractor requirements, and Business requisites. The Company also works with neighboring contractors, businesses, and homeowners as well.
About the Business
Years in Operation
25
Number of Employees
25
Facilities & Assets
The Business operates from a 15,000 sq ft building, located on a 40-acre property. 75% of the main building is utilized with office space, employee areas, storage, shop, and production areas. The remaining 25% of the building is available for expansion.
Outside of the main building is 40-acres of land containing large open storage areas and modest storage buildings, capable of handling an exceptionally large inventory of steel products used in the industry.
The Real Estate can be purchased.
Market Outlook / Competition
This Business operates in a region where little competition exists. Because of this, the Business operates comfortably, as there is always work available. Competitors in the area are rarely able to extend the complete array of services offered by the Business.
Opportunities for Growth
To facilitate expansion, new ownership could acquire a Beam Line System for steel fabrication, to increase productivity. Developing a website, creating a marketing plan, and utilizing social media would be beneficial in the pursuit of additional commercial work.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
15,000
About the Sale
Seller Motivation
Owner plans to retire from this industry.
Transition Support
The owner will remain active during a designated transition period, then will continue to be available for any assistance needed.
Financing Options
Available on a case by case basis
Listing Info
ID
1924389
Listing Views
10055

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Business Listed by: Buyer Services Sunbelt Business Brokers

Listing ID: 1924389 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.