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Installation And PM Of Pre-Fab Buildings

Lincoln, NE, USA
Listed 47 days ago
Established 1960

Established in 1960, this business has a diverse repeat client base which is comprised of farmers & ranchers, commercial building owners, schools, government, and the FAA. This large-scale assembler is recognized as a top performer in the assembly of metal frame structures, such as grain silos, pole barns, and buildings. This premanufactured steel structure installation business is passively owned as the General Manager runs all day-to-day operations. The business comes with over $2.2million in WIP and over $1.5million in their pipeline, in addition to $1.1million worth of assets. The average project ranges from $40,000 - $500,000 and can be complete in less than 2 weeks. Located in South Central Nebraska, with very low overhead of only $1,500/mo. The business is regularly recommended by its customers, and world-renowned vendor Behlen Manufacturing. The project types are as follows: Premanufactured Structures, Steel Buildings, Pole Barns, Grain Bins, Storage & Garages, and Airplane Hangars. The owner only checks in twice per week! There are 8 full-time employees in the business including the GM, an Office Administrator and 6 in Field Labor. The seller has offered to carry 12.5% of the purchase price as a show of good faith in the continued success of the business post-close.

Employees

8 FT including a long tenured General Manager, Office Admin and 6 in Field Labor

Management Type

This business has absentee ownership.

Owner Financing

Owner financing is available. Please contact the seller for more information.

Support & Training

1 year

Expansion Potential

Growth Opportunities: Expand territory or No Restrictions

Inventory / Stock Value

$100,000 - included in the asking price

Reason for Selling

Age/ Retirement

Financials

Asking Price
$2.6M
RevenueMost Recent Year
$3.8M
Earnings (SDE)Last Reported
$643K
Assets ValueIncluded in Asking Price
$646K
Seller Financing
Yes

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