Price: $9,000,000
Location: Warren County, New Jersey
Industry: Manufacturing
Listing ID: MANU201
This long-standing business opportunity represents the sale of a successful steel fabricator & erector company with a gross income of $25,261,177. The company was founded in 2003 and is recognized as an industry leader in the fabrication, design, engineering, and erection of structural steel throughout the New Jersey, Pennsylvania, and New York area. The company’s goal was to successfully exceed client expectation by focusing innovation, knowledge, and commitment on every commercial project. Their reputation for exceptional performance over a comprehensive spectrum of steel fabrication and erection projects can best be appreciated by viewing the steel structures they have successfully completed. They apply an exceptional fabrication methodology to every type of structural challenge. They are proud of their steel fabricators projects based on the craftsmanship, signature precision technique for preparing of their final products. They have the ability to perform difficult projects and large metals projects due to their knowledge of the industry and with the help of their quality staff. This locally owned steel fabricator, has been involved in the construction of hundreds of recognized and admired projects, including several classic landmark structures. The company has become one of the largest providers of structural steel throughout the New Jersey, because their clients have been able to rely upon them to meet the exacting standards and requirements of their projects regardless of scope, size, or complexity. They ensure that the confidence placed as their fabricator of choice is justified by always rendering up that rare commodity, a cost-effective quality project, delivered on time and within budget. You will find the company to be innovative, responsive and a customer focused organization in the industry. The company has an outstanding reputation to deliver quality products on time with competitive prices. This is a dependable business opportunity.
Listing Details
Revenue: $25,500,000
Cash Flow: $2,500,000
FFE: $21,000,000 (Included in Price)
Inventory: $250,000
Reason For Sale:
The seller / owner has elected to retire after many years in this industry.
Training & Support:
The owner who represents a family group will remain post-closing in order to supply an appropriate training & Transitional period to the new operator.
Summary
Owner Qualifications:
This purchase opportunity does not require any specific government license to purchase other than the required municipal construction licenses.
Competition:
There are limited competitors in the industry due to the extensive required capital investment. Also, to the best
of our knowledge, no other new competitors are expected near to this. Seller owner has agreed to supply an appropriate, non-compete agreement to the purchaser.
Potential Growth:
The business does not have an effective marketing plan, which, if instituted can further expand and develop the
business yearly income and growth.