01 Jun SBA Financing Approved High End Residential Structural Steel Construction Business
SBA Financing Approved High End Residential Structural Steel Construction Business
Founded in 2000, this twenty-year-old architectural and structural steel manufacturing business is part of the high end construction sector in Western Colorado. The company fabricates, erects, and installs steel framing studs and metal roofing components. The Business employs a large, experienced work crew who expertly handle all services provided.
Generally, work is obtained through a bidding process, in competition with a few other competitors. This business's bids, on available projects are based on fair and equitable market values. Because this company is a full service business, where all aspects of a job are performed, most contracts are won by this company. Competitors do not offer the array of services this Business provides. The majority of work is done in nearby mountain resort towns covering high-end residential work, General Contractor requirements, and Business requisites. The Company also works with neighboring contractors, businesses, and homeowners as well.
Owner plans to retire from this industry.
The owner will remain active during a designated transition period, then will continue to be available for any assistance needed.
The Business operates from a 15,000 sq ft building, located on a 40-acre property. 75% of the main building is utilized with office space, employee areas, storage, shop, and production areas. The remaining 25% of the building is available for expansion.
Outside of the main building is 40-acres of land containing large open storage areas and modest storage buildings, capable of handling an exceptionally large inventory of steel products used in the industry.
The Real Estate can be purchased.
This Business operates in a region where little competition exists. Because of this, the Business operates comfortably, as there is always work available. Competitors in the area are rarely able to extend the complete array of services offered by the Business.
To facilitate expansion, new ownership could acquire a Beam Line System for steel fabrication, to increase productivity. Developing a website, creating a marketing plan, and utilizing social media would be beneficial in the pursuit of additional commercial work.
Seller financing available on a case by case basis.