Successful, Certified Steel Fabricator and Manufacturer
Montana
| Asking Price: | $2,385,000 |
| Gross Revenue: | $3,016,850 |
| FF&E: | $961,000 |
| Cash Flow: | $226,422 |
| Inventory: | $1,085,765 |
| Established Year: | 2001 |
Listing ID: 2007983Listing provided by BizBuySell
BUSINESS DESCRIPTION
Profitable Infrastructure Business Ready to Grow
For over two decades, this Montana-based steel fabricator has made and erected custom-designed steel structures for its customers. Besides custom architectural structures, it has supplied industrial clients with steel tanks, steel cones, process piping systems, electrical sub-station infrastructure, and truck bodies according to a wide range of customers and specifications. The quality of its work is fully certified under AISC guidelines.
DETAILED INFORMATION
Location
Montana
Inventory
Included in asking price
Real Estate
Leased
Building SF
20,000
Employees
19
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The business operates from a 3-acre industrial site which includes approximately 20,000 sq. ft. of enclosed shop with overhead cranes, up to 10-ton capacity, a modern CNC drilling line, presses, and rollers that can accommodate up to 14 ft. diameter tanks and cones. There are also sand-blasting and painting facilities on-site and numerous forklifts, welders and other equipment. All of this is surrounded by a fenced and paved storage yard for work in process and material inventory.
Competition
Competition is moderate for this industry in Montana, but most of the company's competitors are located more than 100 miles from this business, and a limited number of them are AISC-certified. That said, the industry is noted for client loyalty and some projects can take the company throughout the state as well as out of Montana.
Growth & Expansion
The potential for growth lies primarily with macroeconomic trends as they affect Montana. Increased business can be obtained with increased investment in the specialized equipment needed for the business, which will limit some competitors who don't make those investments. Recent federal legislation supporting infrastructure investment and on-shoring of manufacturing underscores the long-term growth prospects of the company.
Support & Training
Will train for 24 weeks @ $60K.
An owner will need knowledge of engineering, construction, welding, and bolting principles, as well as the basic construction industry information necessary to qualify for contracting licenses and industry certification.
Reason for Selling
Nearing retirement and the other would like to pursue other opportunities.
Report an Issue with this listing
