MergerPlace

Successful Steel Building Contractor

South Dakota


  • Asking Price: $2,450,000
  • Gross Income: $11,500,000
  • Cash Flow: $574,645
  • Real Estate: $750,000
  • Inventory: Not Disclosed
  • FF&E: $857,000
  • Listing ID: #200859
  • Established: 1976
  • Employees: 21 FT

Business Description

In operation for over forty years, this business has become recognized as an industry leader in steel erection services. The business consistently erects 500,000 square feet annually. Operating a handful of crews, the business has built a stellar reputation and enjoys a loyal following and plenty of repeat business.


Business Details

Primary Business Category: Construction - Building, Developing
Location: South Dakota

Company Information

Year Established: 1976
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees: 21 FT

Financial Information

Asking Price: $2,450,000
Gross Revenue: $11,500,000
Cash Flow: $574,645
FF&E: $857,000
Real Estate: $750,000
Seller Financing Available: No

Property Information

Facilities:

The business utilizes approximately 14,000 square feet of office, shop and warehouse. Built in 2007, the property includes ample parking, a large fenced lot and easy access. The Real Estate is owned by the seller and is included in the asking price.

Growth & expansion opportunities:

Excellent potential for growth. The largest opportunity is in the expansion of services and/or territory. In addition, a new buyer can look to be more proactive in marketing and sales.

Competition:

There is plenty of direct and indirect competition that exists, but this firm has been in operation for over forty years and enjoys a loyal customer following and a large amount of repeat business.

Reason for selling:

After four decades, owner is looking to retire.

Support & Training:

Will train for 4 weeks @ no cost Outside of the typical state and federal licenses, some industry licenses are required. Seller will work with a buyer to understand and acquire the necessary licenses.

Contact Business Seller

This form may be used only to contact the seller of this specific business listing. Please do not use this form for any other purpose.

Business Listed By:

Rey Gonzales

Murphy Business Brokers