Residential Commercial Single Family Steel Building Construction Business For Sale

Business description

Established in 1982, this construction company is an established McDonalds approved contractor, RoundTable Pizza approved contractor and are an authorized Varco Pruden Steel Building Dealer. A general contractor’s license is required to operate this business, which can be run in a “hands on” or “absentee” manner. There is a management team in place, and most of them plan to stay on after the sale.

This business is located in two, one level buildings totaling 7,000 sq ft. Currently there is an office, 2 bay custom cabinet and wood shop, 2 bay supply and storage area, equipment shed and wash bay, 3 portable storage buildings and 1 mobile office. Built in 1996, the structures have recently been remodeled and sit on approximately 2.5 acres. There is room for expansion at the current site, or the business could be relocated. This facility is located at the intersection of a state highway and interstate with high traffic and good visibility. Growth and expansion could be obtained through bidding more commercial projects, doing more insurance work, restoration and remodels. Increased advertising would go a long way to bring in new customers, as well as a “facelift” for the company. The new owner could get more involved with insurance companies, as restoration and remodeling is profitable.

60% of total revenues stem from commercial work, residential and single family work account for 20%, steel buildings 15% and insurance work the remaining 5%.

Property information

Real Estate:

Lease

Premises details:

Additional features includes office, 2 bay custom cabinets and wood shop, 2 bay supply and storage area, equipment shed and wash bay, 3 portable storage buildings and 1 mobile office.

Other information

Expansion potential:

Growth and expansion could be obtained through bidding more commercial projects, doing more insurance work, restoration and remodels. Increased advertising would go a long way to bring in new customers, as well as a “facelift” for the company. The new owner could get more involved with insurance companies, as restoration and remodeling is profitable.

Competition / Market:

There is some local competition in the area.

Support & training:

Owner agrees to stay through a reasonable transition period.

Reasons for selling:

Retirement.

Trading hours:

Monday-Friday

Furniture / Fixtures value:

$154,000 (included in the asking price)

Inventory / Stock value:

$403,000 (included in the asking price)