Metal Roofing & Building Fabrication / Distribution East of Houston
Cash Flow: | $1,254,497 |
Inventory: | $400,000 |
Established Year: | 1992 |
Gross Revenue: | $5,628,105 |
FF&E: | $616,520 |
This well-known company located east of Houston is a premier designer and supplier of pre-engineered bolt up metal building kits, metal roofing products, carports and patio covers. They are known for offering an extremely high level of knowledge and service. They also offer a sand blasting service through their powder coating division and are one of the only companies that not only designs the buildings in house but also fabricates the primary rigid frames in house as well. Fabricating onsite allows them to respond to customers within 24 hours with corrections, if needed. The Sales breakdown is about 15% to the residential market, 60% to the commercial market, and 25% to the industrial market. The company does not do any installation but many sales are made to installation contractors. Some of the many industrial customers include Exxon, Chevron and most recently the US Dept of Energy. There are "next step" certification tests that can be taken to expand the commercial customer base and be approved as a supplier for multiple competitive bid projects. Most of this company’s business (approx. 70%) comes through referral/word of mouth, however they do have a website and social media and do a small amount of advertising. 50% deposits are typically taken upfront to cover initial COGS and most customers pay by credit card or cash (70%-90%). Very diverse product line – no product line constitutes more than 18% of sales. SBA financing available. Seller will stay on for extended transition period if needed. Real Estate is available for $2.8 Mil.