Structural Steel Fabrication & Installation

Phoenix, AZ (Maricopa County)

Seller Financing Available
Structural Steel Fabrication & Installation
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Asking Price: $785,000

Cash Flow: $500,000

Gross Revenue: $4,100,000

EBITDA: $500,000

FF&E: $100,000

Inventory: $75,000

Rent: $4,800 /Month

Established: 1991

Structural Steel Fabrication & Installation

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Business Description

Strong reputation - demand greater than capacity.

Established structural steel fabrication & erection business.

Primary market: Maricopa county. Secondary markets - Tucson, Flagstaff, Payson.

Typical project size: $50,000 to $600,000

Current backlog: $1.3 million

Detailed Information

Location:
Phoenix, AZ
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
3/31/2024
Employees:
20
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Fabrication shop (facility is leased - below market rent). Includes a wide range of steel fabrication equipment, 2 fork-lifts, MIG welders, etc. 4 install-crew trucks (one with an auto-crane), and a flat-bed truck for deliveries. All install trucks equipped with tools & welders.
Competition:
Demand out-strips supply for structural steel fabricators in Maricopa county, allowing for high-margins (many projects we are the only bidder).
Growth & Expansion:
Potential for growth exists - demand for services is abundant - restraining factor is managerial capacity. Annual revenue tracking at approximately $3.5 million.
Financing:
Owner willing to finance 50% of acquisition price at 7% per annum interest
Support & Training:
Current owner willing to continue on estimating & assisting with general management for up to 12 months.
Reason for Selling:
Family relocation.
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Business Listed By:
Sean Newman

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