Prominent Steel Fabrication Company For Sale

Business description

This prominent and well-managed Company is staffed with 146 non-union estimators, project managers, shop and erection specialists, and outstanding administrative support, enabling it to outperform its competition when the job is large, complex, and deadlines are tight. The Company's in-house capabilities include virtually all of the tasks related to steel fabrication, such as detailing, braking, shearing, punching, welding, metal decking, stairways, railings, shipping, crane work, and steel erection. Over the years, many construction components have been standardized and are maintained on-hand to expedite delivery. In-house estimating software and skillful application of the Internet further enhance the Company's competitive advantages. The customer base is diversified, with most construction projects being retail, industrial, office, and institutional. Management is confident its customer loyalty is transferable. 2007 began with an approximate $8 million backlog. Its current 75,000 sq. ft. facility is capable of supporting $30 million in revenues. The Company enjoys a strong financial base, with its un-recast NBV for the calendar year 2006 at $3.8 million.