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. Established in 1960, this business has a diverse repeat client base which is comprised of farmers & ranchers, commercial building owners, schools, government, and the Federal Aviation Administration (FAA). Located in South Central Nebraska, with very low overhead of only $1,500/mo. The opportunity 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. There are 8 full-time employees in the business including the GM, an Office Administrator and 6 in Field Labor. The business is regularly recommended by its customers, and world-renowned vendor Behlen Manufacturing. The project types are as followed: Pre-manufactured Structures, Steel Buildings, Pole Barns, Grain Bins, Storage & Garages, and Airplane Hangars. This business is passively owned as the General Manager runs all day-to-day operations - the owner only checks in twice per week! The seller is planning for retirement and has offered to carry $450,000 of the purchase price as a show of good faith in the continued success of the business post-close.
- Asking Price:
- $2,425,000
- Sales Revenue:
- $3,817,632
- Cash Flow:
- $643,185
Business Operation
- Management type:
- This business is owner operated.
- Reasons for selling:
-
Age/ Retirement
- Employees:
- 8 FT including a long tenured General Manager, Office Admin and 6 in Field Labor
- Years established:
- 1960
