Steel Fabrication & Installation Company

King County, WA

Seller Financing Available
Steel Contractor
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Asking Price: $500,000

Cash Flow: $162,711

Gross Revenue: $4,203,440

EBITDA: N/A

FF&E: N/A

Inventory: $250,000*

Real Estate: N/A

Established: 1995

*not included in asking price.

Steel Fabrication & Installation Company

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Business Description

Long History, Deep Experience, Well-Booked for 2019

Premier steel fabrication and erection company for sale. Business has longevity with over 24 years of history and more than 100 years of combined experience within its management team. Current backlog for 2019 consists of 40 projects valued at $5.19 million with estimated gross profit of $1.04 million.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Building SF:
14,000
Employees:
28
Facilities:
Office building totaling 2,000 square feet and fabrication shop totaling 12,000 square feet situated on roughly 1/2 acre of land for loading/unloading area and production/storage yard.
Competition:
Competition exists amongst steel contractors. However, the business focuses on fabricating steel components and assemblies for construction projects and volume production orders. The company is also a leading on-site installer of structural and architectural steel for both commercial and residential projects thereby further differentiating itself from competitors.
Growth & Expansion:
The company specializes in structural and architectural projects throughout the State of Washington primarily within the Seattle, Tacoma, and Everett metropolitan areas. New owner(s) could expand into counties besides King, Pierce, and Snohomish and capture more market share.
Financing:
TBD
Support & Training:
The principals are willing to provide support/training up to 2-3 months or more depending on the buyer.
Reason for Selling:
Retirement
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Contact the Seller

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Chris Ulin

Business Listed By:
Chris Ulin

The Quincy Group

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Sponsoring Broker:
Fred Canada

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