Fabrication of Structural Steel Buildings, stairs, hand-railings, etc.
Fabrication of Structural Steel Buildings, stairs, hand-railings, etc.
Price: $3,600,000
Location: Berks County, PA
Industry: Manufacturing
Listing ID: 1684894
Founded 39 years ago, the company is a welding, fabrication and repair company. Comprised of three companies: Steel fabrication, transportation and real estate. Fabricates and installs all structural and miscellaneous steel projects i.e. structural steel, stairs, railings and handrails.
CALL FOR PRICE.
Total Sales: $4,800,000
Cash Flow: $524,000
FFE Included: Yes
FFE: $407,000
Inventory: $250,000
Reason For Sale:
The current owners desire to retire.
Training & Support:
Owners will stay on to ensure a smooth transition.
Year Established: 1980
Employees: 24
Square Footage: 24000
Facilities Information:
The owners have indicated this property can be purchased or leased from the current owners. The buildings are approximately 24,000 total square feet; 1,375 sf. of office space, with the balance being storage, manufacturing space and outside storage space. The real estate includes 27acres. Inventories are kept at levels necessary to accommodate the amount of business typically realized. Inventory will be included in the sale and is usually in the area of $250,000. There are no suits or judgments against the company.
Competition:
• Custom steel fabrication since 1980
• Specialists in structural steel fabrication, steel stairs, railings, handrails
• Locally owned, regionally renowned
• Focus on written procedures and employee training for highest level of quality
• Drafting experience over 20 years
• All welders certified AWS D1.1
• Own trucks and drivers to guarantee absolute on-time delivery
• Great rates
• Top Technicians, insured and bonded
• Superior Customer Service
• Streamlined Dispatch System
• Recognized name with excellent reputation
• Well established company with close relationship to its customer base
• Current sales with minimal marketing
• Owner will introduce new buyer to current customer base
• Well-trained, experienced employees with great product knowledge
• Excellent records are maintained
Potential Growth:
• Well known established location
• Institute a proactive marketing campaign
• Create an effective website
• Expand service area from 40 miles to 75 miles
• Purchase a plasma table
• Increase capacity with an additional bay
• Expand building to do parts instead of outsourcing
• Space to build additional building to handle parts market
• Accept larger jobs that have been turned down in the past
• Hire project manager for larger jobs
• Place website on effective client searching websites
• Enable their customers to order products online
• Hire outside sales person
• Target construction industry, i.e. suppliers, contractors and architects
• Target schools, government agencies and other institutional facilities
Financing/Terms:
Will hold Note.
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