22 Year Old Steel Fabrication Company (Owner Retiring)
Business Description
ESTABLISHED STEEL FABRICATION COMPANY - 22 YEARS OF SUCCESS
This profitable steel fabrication business has served the Washington DC metropolitan area since 2004, building an exceptional reputation among developers, general contractors, and property owners. Located just 15 minutes from downtown DC in Marlow Heights, MD, this turnkey operation generates $3.2 million in annual revenue with $600,000 in seller's discretionary earnings.
BUSINESS OPERATIONS
The company provides comprehensive fabrication and installation services for structural, miscellaneous, and ornamental steel projects across diverse sectors including multifamily residential, industrial, retail, office buildings, government contracts, and custom homes. Services encompass the complete project lifecycle from shop drawings and PE-stamped engineering calculations to in-house fabrication and steel erection.
FACILITIES & EQUIPMENT
The business operates from a 10,000 sq ft workshop with 4,000 sq ft of office space and large yard area. The facility houses fully equipped machinery, CAD stations, and certified welders with extensive experience. Fleet assets include utility trucks with complete tool packages for installation crews and flatbed trucks for material transport.
MARKET POSITION
With steel fabrication in high demand throughout the DC area, the company receives invitations to bid on approximately 30+ projects weekly. Established relationships with key industry players have created a robust pipeline of current and future projects across Virginia, Maryland, and Washington DC.
GROWTH POTENTIAL
The business offers unlimited expansion opportunities in this high-demand market. The owner is currently in the permitting process to build a 2-acre facility (available for separate purchase), demonstrating significant scalability potential.
FINANCIAL HIGHLIGHTS
- Annual Revenue: $3,200,000
- Cash Flow: $600,000
- Asking Price: $2,300,000
- Lease: $6,750/month for industrial location
The retiring owner offers 3 months of comprehensive support and training to ensure seamless transition. This represents an exceptional opportunity to acquire an established, profitable business with proven market demand and substantial growth potential in the thriving Washington DC construction market.
This profitable steel fabrication business has served the Washington DC metropolitan area since 2004, building an exceptional reputation among developers, general contractors, and property owners. Located just 15 minutes from downtown DC in Marlow Heights, MD, this turnkey operation generates $3.2 million in annual revenue with $600,000 in seller's discretionary earnings.
BUSINESS OPERATIONS
The company provides comprehensive fabrication and installation services for structural, miscellaneous, and ornamental steel projects across diverse sectors including multifamily residential, industrial, retail, office buildings, government contracts, and custom homes. Services encompass the complete project lifecycle from shop drawings and PE-stamped engineering calculations to in-house fabrication and steel erection.
FACILITIES & EQUIPMENT
The business operates from a 10,000 sq ft workshop with 4,000 sq ft of office space and large yard area. The facility houses fully equipped machinery, CAD stations, and certified welders with extensive experience. Fleet assets include utility trucks with complete tool packages for installation crews and flatbed trucks for material transport.
MARKET POSITION
With steel fabrication in high demand throughout the DC area, the company receives invitations to bid on approximately 30+ projects weekly. Established relationships with key industry players have created a robust pipeline of current and future projects across Virginia, Maryland, and Washington DC.
GROWTH POTENTIAL
The business offers unlimited expansion opportunities in this high-demand market. The owner is currently in the permitting process to build a 2-acre facility (available for separate purchase), demonstrating significant scalability potential.
FINANCIAL HIGHLIGHTS
- Annual Revenue: $3,200,000
- Cash Flow: $600,000
- Asking Price: $2,300,000
- Lease: $6,750/month for industrial location
The retiring owner offers 3 months of comprehensive support and training to ensure seamless transition. This represents an exceptional opportunity to acquire an established, profitable business with proven market demand and substantial growth potential in the thriving Washington DC construction market.
About the Business
- Years in Operation
- 22
- Employees
- 17 Full-time
- Facilities & Assets
- Included in sale is utility trucks fully equipped with tools for installation crews, flatbed truck, fully equipped shop with machinery, fully equipped office with cad stations. Welders are fully certified with lots of experience. Located 15 minutes from downtown Washington DC. Great potential for growth with invitation to bid on projects averaging about 30 projects plus per week. Easy turnkey business and unlimited growth potential. 10,000 sq ft workshop, 4000 sq ft office, large yard.
- Market Outlook / Competition
- Steel fabrication is in high demand in the DC area so competition is not an issue.
- Opportunities for Growth
- Unlimited,
Expansion Potential:
In the process of permitting to build a 2 acre facility available for separate purchase and not included in purchase price of business.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 10,000
- Rent
- $6,750.00 per month
About the Sale
- Seller Motivation
- Owner Retiring
- Transition Support
- 3 months support and training
Listing Info
- ID
- 2436073
- Listing Views
Listing ID: 2436073 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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