Mfg. - Fabricated Metal Products | Construction - Heavy

Asking Price	$22,200,000	Inventory	$200,000**
Gross Income	$34,200,000	Real Estate	$3,000,000**
Cash Flow	$6,200,000	Year Established	1980
FF&E	$2,000,000*	Employees	N/A

* included in the asking price

** not included in the asking price

This 27 year old business is a one of the leading Structural Steel Fabricators and Erecters of commercial buildings in Arizona. Their work ranges from Casinos to Chase Ball Park (home of the 2001 World Champion AZ Diamondbacks) to the Challenger Space Center to the Spring training facilities for the MLB Rangers, Royals, Giants and A's. Record 2006 Sales were over $25 million and a net profit of $4.6 million. Their 2007 revenue is projected to be $35 + million with EBDITA exceeding $6 million. Based on a October 31, 2007 backlog of $21+ million in signed contracts 2008 is expected to be much better. Their plant is located on 6.5 acres in a prestigious area of Maricopa County, AZ--the fastest growing county in the country. This business is ideally positioned to serve the fastest growing segment of the Arizona market owners wanting to quickly enjoy the income benefits of property, such as casinos, sports arenas and manufacturing facilities. This firm is an integrated, structural steel fabricator and erector for commercial and industrial construction projects such as multistory buildings and office complexes, resorts and casinos, schools and hospitals.

Facilities: Corporate offices and manufacturing facilities are located on a 6.5 acre, suburban Phoenix facility owned by the principals. This location includes a 3200 square foot office, a 4080 sq. ft. warehouse, a 2700 sq. ft. paint facility and 29,200 sq. ft. of open canopy manufacturing units. It is available for lease or sale and is not included in the price.

Competition: This firm has never advertised nor had a sales person. All their business is either repeat or through referrals. They have a diversified base of 150 customers with no single client accounting for more than 19% of total revenue.

Growth/Expansion: This is a market with huge growth opportunities. A few of their many expansion options are: rigging and millwright work for mines and industrial plants; cell phone towers; high rise buildings; water tower construction; bridge construction/demolition and expansion into the Nevada or California markets.

Support/Training: The two full time partners would be willing to stay with a new owner, while the part time partner would help for up to 1 year to facilitate the transition.

Reason Selling: part time owner's retirement