Asking Price: Not Disclosed Gross Revenue: $12,669,000Cash Flow: Not DisclosedEBITDA: $930,000Inventory: Not Disclosed FF&E: Not Disclosed included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
A structural and miscellaneous steel fabricator specializing in commercial and municipal work for shopping centers, office buildings, warehouses, grocery stores, hospitals, and industrial work. The company has solidified a reputation of integrity and quality fabrication services in the market for over 30 years.
· Competitive profit margins for the industry
· Compounded annual growth rate of 23.5% in gross profit from 2011 to 2017
· Repeat business constitutes 75% of revenue
· Experiencing growing volume of bid invitations
· Strong project management and sales personnel
· Key personnel have been employed for 20- to 32-years
· Dedicated team of 52 people
· Certified by the American Institute of Steel Construction (AISC)
About the Business
The company operates from a 31,200 sq. ft. facility leased from an affiliated entity. The real estate is available for sale. There is room to grow in the current location.
Growth & Expansion:
Opportunities · Increase manpower - currently, not able to bid on every job available · Hire full-time outside sales representatives · Expand production capacity by investing in additional machinery and equipment · Create a website and advertise in trade magazines to continue to bring in new customers
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 & Conditions.