Description

This is a well established metal fabrication business where metal panels and trim are produced for roofing, framing, and custom trim jobs. Metal building packages are sold also. Most sales are currently local and regional, with a few long distance jobs. This is an excellent opportunity to acquires a great business at a very low price that reflects its asset values (equipment and real estate). Revenue levels were previously more than triple their current levels and a new owner would be able to grow this business immediately simply by revitalizing the marketing effort utilizing an existing customer base. Owner will entertain an option to purchase at $500,000 and payout remainder on a percentage of revenue or income.

Business History
The business was created in 2002 to serve a need in local metal roofing, which was becoming a highly demanded type of construction and has been owned and operated by its original entrepreneur for the past 12 years.

Competitive Overview
There is one major competitor locally, but they only produce trim, giving this business a leg up. There is a strong customer base, particularly in the construction industry.

Potential Growth
Immediate growth potential lies in contacting former customers and working them back into the fold, as this business is distressed and has had to make some decisions resulting in loss of revenues. Also, sales of these products are in demand nationally, and a marketing program with a focus on other regions could substantially increase sales.

Posted Feb 25, 2014

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