Summary
- Asking price:
-
$700,000
- Sales revenue:
- $850,000
- Net profit:
- $200,000
- Years established:
- 19
- Employees:
- 5 full-time
- Relocatable:
- This business can be relocated.
Business description
This steel building erection and welding company is well established and a high profit margin business. They have a loyal clientele and there is no local competition. Even though the construction related businesses may be affected by the economy this business seems to not be touched. This company fabricates, rebuilds, repairs, sells, installs and erects metal buildings, stairs and mezzanines on site. They also do piping of carbon steel, aluminum and stainless steel. They enjoy a versatile clientele and loyal repeat business. Contact today for details.
Property information
- Real Estate:
- Real Property Included
- Location:
- This 2000 sq. ft. facility on 60 acres is offered as an option to be purchased or leased. The 3640 sq. ft. home is also available as an option. There is ample room for expansion and there is some repair needed. The business can be relocated.
Other information
- Expansion potential:
- Growth and expansion could be obtained by advertising to generate more exposure and create more sales to grow the business. Develop a residential division to expand the business and create new profit centers. Installation of concrete flooring rather than sub contracting it out would open new profit centers for the company and offer new cash flow.
- Competition / Market:
- There is no competition in this area.
- Support & training:
- Owner agrees to stay through a reasonable transition period.
- Reasons for selling:
- Relocating
- Financing available:
- There is some owner financing possible for the right buyer.
- Furniture / Fixtures value:
- $175,000
- Inventory / Stock value:
- $7,500