Description of the business for sale
The company performs steel roll forming for products sold to the building industry. The product is sold to builders, distributors and consumers. Their market share is excellent in the surrounding areas.
GROWTH: Present operating rates are at approximately 50% of an 8 hour shift or 20% of a three shift operation. In addition, warehouse space for product would allow the company to grow sales at 50% without concerns for storage of materials and product.
COMPETITION: In the 30-mile radius of the company, they feel they control 50% of the market. As the size of the territory increases, their share decreases, but is at an attractive percent of 25% in 75-mile radius.
ADDITIONAL FINANCIAL INFORMATION
•Inventory: $807,466
•FF&E: $593,100
REASONS FOR SELLING: 1 owner retiring
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Support / Training provided by seller
Yes, 6 months
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Description of the facilities
23,000 sq ft on 3 acres
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