Steel Fabrication Erecting Business
Seller needs A NEW buyer to 4x sales & capacity on existing facility. Production filled within weeks. His partner cannot do 4th expansion for health reasons-so he needs new buyer to fulfill his vision. Seller wants an ambitious buyer who loves growth and achievement. Seller expanded 3 times in the past.
>>Seller will stay on -indefinitely- for the right fit, reducing his role to sales and assisting buyer to 4x sales & capacity. Business has Happy Long Term Employees who enjoy their jobs.
>>Run by old school operator the old fashioned way; seller immigrated to the US, started as a line worker; with limited English & minimal school, curious, ambitious and eager to serve made up for this.
Seller has done expansions 3 times, each time Seller filled production within months at the new expansion capacity.
>>Seller just Acquired land next door to start this; new capacity has always been filled within a month.
Seller is old school; a buyer who can automate this company, will yield tremendous payback as well.
Business Includes everything. Receivables, Work in progress, Real Estate, business, inventory, large cranes and other large machines, able to cut, fabricate, transport, erect and install new structures that endure.
+Sale includes: $5M+ receivables, Work In Profess, nearly $1M of inventory.
-Real Estate priced separately in the notes here, just $2.5M for $3M of real estate
Buyer can add night shift, asking existing supervisor oversee production.
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