Situated in Southern West Virginia, the business is a manufacturer and special trade contractor specializing in the design, fabrication, installation, inspection and repair of structural fibreglass platforms and products.
Servicing oil & gas, medical, and other industries, the diverse product lines include large structural platforms, flat plates, handrail systems and ladders, and fibreglass piping, vent lines and tank inspections and repairs services.
The company stocks a wide variety of structural shapes, in various sizes, as well as several kinds and thicknesses of grating making them a one-stop shop for new and existing clientele. With an active website and ongoing referrals through strategic relations, promotions across social media could help maximize the verbal outreach from a large, repeating client base.
While the company experienced a dip in 2022 due to supply-chain issues, Revenues for 2023 are projected to reach $600,000 with a strong profit margin showcasing Discretionary Earnings over $250,000. As a renowned business with multiple certifications, the company generates $200,000 in revenue per employee with 3 employees.
With additional team members or a strategic acquisition, this company is sure to flourish.
Ideally, the new owner would have managerial experience with carpentry or construction knowledge.
The 5,672 square-foot warehouse is Leased at $2,400.00 per month or $28,800.00 yearly and features about 5,000 sq. ft. of production area, 288 sq. ft. of secured outside storage and 384 sq. ft. of office space.
This business has many processes in place to offer itself as a great add-on opportunity or grow the business with little difficulty, contact IAG today for more information on this lucrative biz!
