1040 Steel Fabrication - Building Products

IL

Seller Financing Available
Steel Fabricator

Asking Price:$6,900,000

Cash Flow:$1,600,000

Gross Revenue:$28,000,000

EBITDA:$1,600,000

FF&E:$1,000,000

Inventory:N/A

Real Estate:$900,000*

Established:1972

*not included in asking price.

1040 Steel Fabrication - Building Products

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Business Description

Long-established, very profitable steel fabrication company serving customers in Illinois boasting annual sales of $28 Million, EBITDA of $1.6 Million, and SDE of $1.6 Million. This company specializes in structural building steel fabrication for commercial and industrial building projects. Owner is looking to initiate his retirement exit strategy but willing to agree to a long term transition if a buyer needs it.

Detailed Information

Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
30
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The facilities and premises consist of an approximately 17,000 sq. ft. with about 15,500 sq. ft. in shop production and the remainder in office space, a fenced-in outdoor yard, and all on about 2.65 acres of land. Great centralized location near major highways.
Competition:
Competition is fairly limited with only a handful of other companies. See Broker for more details.
Growth & Expansion:
The steel building products fabrication industry is growing, this company is growing, and there are significant areas for growth and expansion in products and markets. See Broker for more details.
Financing:
Considered with qualified buyer
Support & Training:
Seller will mutually agree to a long-term training, transition, consulting support agreement.
Reason for Selling:
Retirement

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Tim Bullard

Business Listed By:
Tim Bullard

VR Lakes Business Group, Inc.

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