Gross Revenue: $24,600,000

Gross Revenue Comments: 2007 financials are audited; prior years reviewed

Cash Flow: $4,400,000

Cash Flow Comments: Adjusted EBITDA

Inventory: $100,000 (Included in Asking Price)

FF&E: $1,750,000 (Included in Asking Price)

2007 revenues $24.6 million; $4.4 million adjusted EBITDA...

The Company has an excellent management team with an absentee owner. The Company fabricates structural and miscellaneous steel for commercial, industrial, retail, medical, and government construction projects throughout its multi-state market. Their capabilities include detailing, fabrication, installation, and complete project management, providing all products used in steel construction. They are certified by the AISC (American Institute of Steel Construction). Their Detailing Department identifies design flaws and potential field problems before steel is fabricated for a project. The Company’s experienced staff, investment in the latest technologies, and quality control standards all contribute to its success.

Year Established: 1975

Employees: 80 full time -

Facilities: Company’s facilities are owned by the Seller through a separate entity. The Company leases the facilities at a market rate. Facilities encompass 70,000+ sq ft of under-roof fabrication space, 10,000+ sq ft of office space, 25,000+ sq ft of raw materials storage area accessible by overhead cranes, plus an additional 7+ acres of material storage area.

Market Outlook and Competition: Commercial construction is expected to remain strong throughout the Company’s multi-state market for the next several years. The Company expects to achieve $20+ million in revenues in 2008, with EBITDA and EBITDA margin increasing over 2007. A new owner can potentially increase sales in the Company’s home state by as much as 50% by adding additional skilled shop employees. The Company has the potential to increase revenues to approximately $30 million in its present facilities. Acquisition opportunities can also be explored to further increase sales and profits. Several other steel fabricators in the Company’s home state may be possible acquisition targets.

Management Training and Support: Seller will provide transitional training and support.

Reason For Selling: Owner wishes to plan for his retirement.