Manufacturer - Metal Building Products & Light Gauge Framing
Location Oklahoma,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1735491
Net Profit / Cash Flow $288878
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 2002
Number of Employees 4 - 5
Inventory 264000
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training Will train for 4 weeks at no cost.
Reason for Sale Seller wants to retire.
Description This 10 year old company manufactures metal building products and light gauge framing primarily for commercial projects. The company uses roll forming equipment to manufacture steel truss systems, retrofit roofs, I-Beam systems and other metal components. The Company acts as a distributor for certain products that are manufactured on a mass scale. Other services provided by this business include: in-house engineering, software based design service, detailing and technical support. Seller sees demand increasing for metal products, as the use of steel frames becomes more common in the residential sector. A number of such projects are underway.
Real estate is not included in asking price, but is available for $460,000. A recent appraisal available. The gross building area is 8,675 sf. with 3,610 sf. being office/finished area, 3,000 sf. (ground floor), 865 sf. (2nd floor) of heated shop space and 1,200 sf. of open covered canopy. The land consist of 96,860 sq. ft. (2.2 acres). Buyer can lease for $4,600 per month. Seller charges the business approximately $41,000 in annual rent.
Sales Price: $815,000.
Contact: Ray LeBlanc at 636-728-0688.
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