37506- Pre-Engineered Steel Building & Drywall Contractor

TX

Seller Financing Available
37506- Pre-Engineered Steel Building & Drywall Contractor
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Asking Price: $1,500,000

Cash Flow: $755,000

Gross Revenue: $6,868,725

EBITDA: $528,000

FF&E: $403,000

Inventory: N/A

Established: 1951

37506- Pre-Engineered Steel Building & Drywall Contractor

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Business Description

Located in western Texas, the company is a general contractor specializing in providing pre-engineered steel buildings, commercial drywall and acoustic ceiling installations for hospitals, government agencies, universities and schools. In addition to ISO compliancy, this company has unique qualifications allowing them to work with specific clients that others cannot. The company operates from a 7,636-square foot facility, which features a warehouse and office space. The property is owned with an option to lease or purchase additionally. The equipment and a fleet of vehicles are included in the sale price and inventory is order per project with minimum surplus. With a proven track record supported by 67 years of ongoing business, minimal marketing efforts focus on targeting municipalities, industrial firms, commercial enterprises and homeowners. The new owner would do well to increase marketing efforts. Revenues have been increasing 3% over the past five years due to an improving economy. Last year, the company’s total revenue was $6,868,725 with Seller’s Discretionary Earnings of $755,000 rounded and 2018 projects over $7M in revenues. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones.

Detailed Information

Inventory:
Included in asking price
Employees:
13
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Financing:
Negotiable for the right buyer
Support & Training:
The owner will be available for a transitioning. A management team is in place and the employees will stay on after the sale.
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(from currently available funds)
 
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IAG Buyer Division

Business Listed By:
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IAG

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