Primary Category:Other Building & Construction Businesses for Sale
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.
Financial Information
$2,850,000
Asking Price
$1,100,000
Cash Flow
$4,500,000
Gross Revenue
N/A
Down Payment
Yes
Financing
Business Location
City:
Montrose County
State:Colorado
Financing Comments
Available on a case by case basis
Reason for Sale
Owner plans to retire from this industry.
Detailed information
Year Established:2000
Home Based:No
Franchise:No
Relocatable:No
Lender Prequalified:No
SBA Prequalified:No
Full-Time Employees: 25
Part-Time Employees:N/A
Contractors:N/A
Owner Worked Hours/w:N/A
Adjusted EBITDA:
$805,000
Inventory Included: No
Inventory Value:
$500,000
Monthly Rent:
N/A
Real Estate Available: Yes
Real Estate Included: No
Real Estate Value:
$1,695,000
Building Size: 15000
FF&E Included?: Yes
FF&E Value: $450,000
Training/Support
The owner will remain active during a designated transition period, then will continue to be available for any assistance needed.
Facilities
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.
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