global market potential
industry recognised business
The company is a rapidly growing manufacturing business that was established in 2004. It manufactures cold formed steel building products and assemblies for the construction industry, primarily for commercial building projects located in both the domestic and international markets. Domestic product is delivered by company owned vehicles, and international product is shipped via container.
Primary Business Category	Manufacturing - Fabricated Metal Products (SIC 34, NAICS 332)
Secondary Business Category	Services - Engineering (SIC 87, NAICS 541)
Location	New Hampshire
Metropolitan Area	Not Disclosed
Listed by	A Principal
FINANCIAL INFORMATION
Gross Revenue	Not Disclosed	Asking Price	$4,000,000
Current Year Projected Revenue	$9,000,000	FF & E (included)	Not Disclosed
EBITDA	Not Disclosed	Inventory (included)	Not Disclosed
Current Year Projected EBITDA	Not Disclosed	Real Estate (included)	Not Disclosed
Profitable	Not Disclosed	Transaction Sought	Negotiable
Business Type	S Corporation	Payment Requested	Negotiable
Financials	Reviewed	Seller Financing Available	Not Disclosed
COMPANY INFORMATION
Year Established	2004	Home Based	Not Disclosed
Number of Employees	51 to 100	Franchise	Not Disclosed
Management	Available to Stay	Distressed	Not Disclosed
Non Compete Agreement	Available	Relocatable	Not Disclosed
Reason for Sale	Growth Requires Additional Resources
Fiscal Year End	December
Ownership	Private

The business is located in northern New Hampshire and operates in a new 28,000 square foot building which includes 8,000 square feet of office space for engineering and administrative offices. Should the need arise, there is a rail siding available. Key equipment includes a 12 station roll forming machine for the manufacture of parts and a laser projection system for assembly of trusses.

The various components of a commercial building project, such as trusses, wall panels and floor systems may occasionally be purchased directly by the owner/developer, but more often they are purchased by either the general contractor of the project or a framing subcontractor. The company may bid to one or all of these entities based on project leads. Typical building projects are low to mid rise hotels and apartment buildings, schools, and commercial retail buildings. The target domestic market is generally from the Northeast though the Mid Atlantic area. Current international projects are in Bermuda and Europe, but there is an enormous market potential for low cost housing in developing countries.

The industry is still relatively young and fragmented. There are few companies who can offer the entire array of services that this company offers including design, manufacture of parts and fabrication of assemblies. Many competitors only fabricate and rely on outside design firms. Others may also offer some design, but few also actually manufacture their own parts. The ability of maintain complete control of the process is a strong competitive advantage.

PHOTOS AND WEB www.steelelements.com SELLER INFORMATION New Hampshire

 

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