Structural Steel Fabrication

Pacific

Structural Steel Fabrication

Asking Price:N/A

Cash Flow:$1,400,000

Gross Revenue:$7,200,000

EBITDA:$1,400,000

FF&E:$300,000

Inventory:N/A

Established:2006

Structural Steel Fabrication

Get Financing Save Print Share Valuation Report

Business Description

Leading Service Provider Located in the Western US

Leading provider of structural steel fabrication services to the high-end residential and commercial construction markets.

Revenue and EBITDA have been growing steadily since the Company’s founding, with even more rapid growth in recent years as the Company continues to solidify itself as a go-to provider in a rapidly growing market. Since 2012, Revenue, gross profit and EBITDA have grown at Compound Annual Growth Rates (CAGRs) of 47%, 66%, and 179%, respectively. As implied by the higher growth rates of gross profit and EBITDA relative to revenue, the Company has leveraged economies of scale to expand margins across the board. Current backlog numbers are at record levels and management expects to see growth trends continue in 2015. The Company maintains a strong and liquid balance sheet with a current ratio averaging 3.5 since 2012. The Company procures inventory on a just-in-time basis, which allows it to stay nimble with minimal risk given the stable price of steel.

Ideal potential for strategic purchasers looking to enter the Company's lucrative market, as well as entrepreneurs, financial sponsors and E-2 Visa purchasers.

Detailed Information

Inventory:
Included in asking price
Employees:
42
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Centrally located leased facility with assets and capacity to sustain current levels of revenue. More aggressive growth would require moving to a new facility.
Competition:
The Company has a strong niche in one of the fastest growing metropolitan markets in the US. The unique market dynamics along with the robust regional economy ensure sustained demand for the Company's services. The business has an excellent reputation among a strong base of repeat customers.
Growth & Expansion:
With facility expansion, the business' already impressive growth can be quickly compounded given the sustained demand for services.
Support & Training:
Owner is dedicated to ensuring a smooth transition of ownership
Reason for Selling:
The owner would like to retire

Listing Statistics for Premium Members

Ad#:1211781 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.

Contact the Seller

Sign up for the BuyerNewsletter.
Learn to use your IRA/401K to buy a business: Guidant Financial (min. $50K needed in IRA/401K)
Contact Seller Loading

Business Listed By:
Jeff Sasakura

Show Phone Number
Find out more...

Get more details about this business.


Similar Listings