This well-established Company has been serving its loyal customer base for over two decades! With consistent organic growth occurring over the past five years, this Company is in an excellent spot to be acquired. The Company has, over the years, defined itself as the premier leader in both quality, on-time delivery and affordable pricing for its niche structural steel fabrication services that serve primarily customers in the commercial construction industry.
Current ownership is open to remaining with the business for up to 2-3 years to ensure a smooth transition of all relationships. Regardless of the length that present ownership remains, they have expressed a strong desire to see the company continue to prosper and will do whatever they can to ensure that a new owner is set up to grow and succeed.
The Business maintains great relationships with both its customers and vendors and fully expects continued growth and strong profitability. The Company is primed for growth as current management gets to pick its choice of high-margin jobs.
The Company has demonstrated incredible resiliency during economic downturns, such as 2008-2009, by outperforming its competitors and remaining profitable. Also, the owners are grooming current employees to gradually overtake managerial duties.
The Company operates out of a beautiful facility in Michigan that is designed for expansion.
Buyers must have a minimum of $250,000 in available cash equity to receive additional information.
Financial Summary
TTM May 2018 Projected Revenue: $7,394,000+
TTM May 2018 EBITDA: $1,151,000+
INVESTMENT HIGHLIGHTS
Financial Stability and Flexibility: The Company has demonstrated consistent growth and strong margins and does not require debt to fund growth capital expenditures.
Customer Satisfaction: First-class customer service has allowed the Company to forge strong, mutually beneficial relationships and recurring customers. The Company rarely ‘bids’ on projects, instead relying on negotiated work from its long-term and loyal customers.
Consistent Demand: The Company has their choice of high-margin jobs and has no trouble staying busy. Management could go out and get work but does not need to, and has been perfectly content with the business that just comes in the door.
Simplicity: The Business is well-managed, straightforward and efficient. The Company has a proven strategy for success that current ownership desires to pass on to transitioning ownership to help shorten the learning curve.
GROWTH OPPORTUNITIES
Marketing: Adding any marketing tools, such as a website and advertising could greatly increase quoting opportunities and awareness of the Company.
Facility Expansion: The Company’s facility was built for easy additions onto the back. Adding on to the facility would allow the Company to keep up with demand, take on more customers and give sales a huge boost!
Revenue Capacity: With a nominal investment, the Company could increase sales. Working a second shift or hiring more employees could help the Company meet demand. Additional customers could be found with minimal investment in any outreach. The present owners have been content to operate the company as is and not grow faster.
The BEST way to receive confidential information about this opportunity is to fill out the form below.
Upon doing so you will receive a link via email to review and sign our confidentiality agreement. Once signed we will be able to further the conversation and send you the confidential Offering Documents. Please contact info@caldergr.com with any questions. Interested parties must demonstrate proof of financial capability, sign a Non-Disclosure Agreement, and answer a few questions related to their background and interests. Inquire today about this profitable and growing steel fabrication business for sale!
