Established in 1960, this business has a diverse repeat
client base which is comprised of farmers & ranchers,
commercial building owners, schools, government, and the
FAA. This large-scale assembler is recognized as a top
performer in the assembly of metal frame structures, such
as grain silos, pole barns, and buildings. This
premanufactured steel structure installation business is
passively owned as the General Manager runs all day-to-day operations. The business comes with over $2.2million
in WIP and over $1.5million in their pipeline, in addition to
$1.1million worth of assets. The average project ranges
from $40,000 - $500,000 and can be complete in less than
2 weeks. Located in South Central Nebraska, with very low
overhead of only $1,500/mo. The business is regularly
recommended by its customers, and world-renowned
vendor Behlen Manufacturing. The project types are as
follows: Premanufactured Structures, Steel Buildings,
Pole Barns, Grain Bins, Storage & Garages, and Airplane
Hangars. The owner only checks in twice per week! There
are 8 full-time employees in the business including the
GM, an Office Administrator and 6 in Field Labor. The
seller has offered to carry 12.5% of the purchase price as
a show of good faith in the continued success of the
business post-close.
- Asking Price:
- $2,650,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $3,817,632
- Cash Flow:
- $643,185
Business Operation
- Management type:
- This business has absentee ownership.
- Expansion Potential:
-
Growth Opportunities: Expand territory or No Restrictions
- Reasons for selling:
-
Age/ Retirement
- Employees:
- 8 FT including a long tenured General Manager, Office Admin and 6 in Field Labor
- Years established:
- 1960
Other Information
- Support & training:
-
1 year
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
12.5% Seller Financing
- Furniture / Fixtures value:
- $645,819 - included in the asking price
- Inventory / Stock value:
- $100,000 - included in the asking price
