Founded in 2007 and located in the Midwest, this company is a leading supplier of structural steel, fencing, structural steel pipe, API pipe, API valves and API fittings. They are dedicated to providing outstanding products and services to industries such as structural steel assemblies, Departments of Transportation, private and public sector commercial fencing, structural steel pipe consumers, oilfield, natural gas delivery and various construction GC's, consistently setting the standard for quality. Known for their high-quality products offered at competitive prices, they also feature custom fabrication and commercial and residential fencing divisions. Their exceptional adaptability enables them to customize products to meet their clients' specific needs.
- Asking Price:
- $9,750,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $15,885,653
- Cash Flow:
- $1,393,360
Property Information
- Real Estate:
-
Real Property Included
- Location:
-
They have 2 facilities; one has 54,733 square feet with approximately 7,620 square feet of finished office space on 8.8 acres. The other facility has 10,628 square feet with 5,828 square feet of office space on 6.86 acres.
- Size in square feet:
- 60,561
Business Operation
- Expansion Potential:
-
Grow business with additional capital: The company can boost physical output at both locations with additional capital investment. By hiring more employees, the new ownership could potentially increase output by 2 to 3 times.
Grow business with marketing efforts: Currently, the company only markets through their website and could benefit from a strategic marketing plan including an outbound social media, online marketing, and SEO strategy.
- Competition / Market:
-
They serve customers nationwide including Michigan, Indiana, Ohio, New York, California, Kentucky, West Virginia, and many other locations. They are in the Industrial Supply market and service oilfield, natural gas, and other industries.
- Reasons for selling:
-
Ownership would like to retire to spend more time with the family.
- Employees:
- 26
- Years established:
- 60
Other Information
- Support & training:
-
Ownership is willing to provide assistance during the transition period.
- Furniture / Fixtures value:
- $900,000 - included in the asking price
- Inventory / Stock value:
- $2,682,191 - included in the asking price
