The business manufactures high-quality pre-engineered metal buildings for multiple commercial and industrial end uses, as well as supplying metal building and architectural building components for customers looking to repair/rehab existing structures.
They offer exceptional versatility in products with the intent of satisfying customer needs for useable space, economy, energy efficiency, operational efficiency, aesthetics and image – each job is specific to the customer’s needs. The business niche is highly engineered projects that other vendors don’t want or can’t handle. Nationwide customer base. Concentrating on in-house design and the manufacturing/fabrication of the main structural steel, the secondary structural items (purlins & girts) as well as roof, wall panels, trim, etc are purchased from vendors. Erecting is outsourced to local jobsite vendors, which allows the business to concentrate on design/structural fabrication where they excel. Excellent add-on for a platform company interested in offering value-added engineering design and fabrication.
The component sales part of the business has grown in recent years, with additional employee resources devoted. The sellers view growth potential in this area to be over 100%+ of current annual sales with additional emphasis on marketing.
The business list price does not include working capital, but it is assumed the buyer will purchase in addition to the listed price. Average net working capital for 2018 was approximately $370,000.
The company historically has shown sales over $9 million. There is considerable growth the business can accommodate before major capital expenditures are necessary.
The property is also available and is listed at $2,200,000. The building was designed by the sellers and constructed for the business. Property has room for expansion of the 35,000+ sq. ft. facility to accommodate further business growth. Sellers would highly prefer to sell as a package. Current ownership seeks retirement. Transition support is offered.