MergerPlace

Pre-Engineered Buildings

Missouri


  • Asking Price: $325,000
  • Gross Income: $685,704
  • Cash Flow: $105,298
  • Real Estate: Not Disclosed
  • Inventory: $250
  • FF&E: $1,500
  • Listing ID: #225987
  • Established: 1964
  • Employees:

Business Description

This company has been in operation for over 50 years and serves the entire Midwest. They stake their reputation on providing quality products at very competitive pricing and always make sure the job is completed to the satisfaction of the customer.

Very streamlined and well run operation. All installation work is done by subcontractors eliminating the need for the complications involved with employees.


Business Details

Primary Business Category: Contractors - Special Trade
Location: Missouri

Company Information

Year Established: 1964
Home Based: No
Franchise: No
Relocatable: Yes
Number of Employees:

Financial Information

Asking Price: $325,000
Gross Revenue: $685,704
Cash Flow: $105,298
FF&E: $1,500
Inventory: $250
Seller Financing Available: No

Property Information

Facilities:

The location of the sales facility has been very important to the business. It is on a very busy highway and the showroom is visible to both locals and travelers passing through. It is right at the corner of a busy intersection that has several destination businesses in its line of sight. The showroom is just over 1,200 square feet which is ample space for the staff to sit down with customers and discuss all of the details necessary for their building order. The business currently is leasing the space on a month-to-month arrangement. A new owner would likely need to sign a new multi-year lease if they want to continue to operate from the same location. In addition to the showroom they rent a large space just next to the building where they can display some sample products.

Growth & expansion opportunities:

There are many avenues of growth available to a new owner. First, if an owner wants to do some of the installation and construction work this would be easily done. The owner could either take over some of the work done by the subcontractors to reduce cost or keep the current subcontractors and then use his/her time to do additional installations. The website is another area where revenues could be impacted significantly. The website could be updated and expanded to allow customers to order products online. Ownership has various other suggestions for a new owner with some fresh energy for growing the business.

Competition:

The company does have a few competitors including a building company and lumber yards, but none that can match the combination of offerings that they provide to their customers. They work hard to make sure that they are meeting each individual customer’s needs so that things are done right the first time. They partner with only the best manufacturers and they are able to meet or beat their competitors’ pricing when they wish to do so because of the low overhead structure of the company.

Reason for selling:

The current owner is getting older and would like to retire and enjoy a slower paced life. The company is well established, and he is looking forward to passing the ownership of the business on to someone with fresh energy and ideas about the continued operation and growth of the enterprise.

Support & Training:

Will train for 2 weeks @ $0 cost. The company provides pre-manufactured structures of all types including various types of barns, carports, animal confinements, warehouses, commercial structures and garages just to name a few. No special licenses are required to operate this business.

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Business Listed By:

David Hamm

Murphy Business Brokers