For Sale
The Company offers a variety of services including millwright work, plant maintenance, rigging equipment, structural and miscellaneous steel, stainless steel for buildings and equipment, and pre-engineered buildings.
- Asking Price:
- $1,800,000 Furniture / Fixtures included
- Sales Revenue:
- $1,939,079
- Cash Flow:
- $608,729
Property Information
- Real Estate:
-
Lease
- Premises Details:
-
The office is located in a pre-engineered metal building in M-1 zoning, light industrial, occupying roughly 2,000 sq ft of office space and roughly 4,500 sq ft of shop space. The property is not owned by the operating company and there does exist the opportunity for purchase.
Business Operation
- Expansion Potential:
-
The economy in the market area continues to boom with no sound of a slowdown expected. It’s proximity to the Northern Virginia market makes it benefit from the rapid expansion in that area. It’s primary customer has a unique marketplace position and ridiculous growth over current and future years.
More interaction and marketing to other major manufacturers in a 50-mile radius would be a suggested course of action if new business was desired. Interaction with architects and engineers with good old-fashioned door-knocking and phone calls would also be a strategy for new business if desired.
- Competition / Market:
-
There are multiple contractors in the area but in general not enough to go around providing ample opportunities for jobs. The Company has extremely good relationships with some of the biggest manufacturing companies in the Winchester area. There is enough work that many times, work must be turned away.
- Reasons for selling:
-
The owner is looking to sell in anticipation of retirement.
- Trading hours:
-
Monday-Friday 9am-5pm
- Employees:
- 12 FT/1 PT
- Years established:
- 32
Other Information
- Support & training:
-
Will train for 4 weeks @ $0 cost.
- Furniture / Fixtures value:
- $400,000 - included in the asking price
