Includes $7.2MM in FF&E, and excludes all cash and retainage. Normal working capital of current assets (minus cash and retainage) less current liabilities is included in the Purchase.
The business is a structural steel manufacturing, fabricating, and erecting business that is certified by the American Institute of Steel Construction (AISC).
The company is an S Corporation. The owners actively manage the business and will stay during post closing.
The business is situated on over ten (10) acres of property and has facilities totaling over 40,000 square feet. The property is not included in the purchase.
▪ AISC Certified
▪ Long established business with solid reputation for timely job completion
▪ Bonding only required on approximately 15% of jobs.
▪ Non-Union facility
▪ Available Capacity – Currently running one shift
▪ No Projects have been placed on hold due to Covid-19 reasonable transition period of at least 1 year. mid-level management is in place.
Strong, The business is located in the outskirts of a metropolitan area.
Cost of Goods Sold