NJ Steel Fabricator/Erector - 34893 Business Type: construction heavy,construction special trades,misc. manufacturing/non-classifiable,misc. service/non-classifiable,other business services,seller financing available,mfg businesses
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $6,900,000 | Down Payment | $4,600,000 |
| Gross Revenues | $9,405,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $1,639,600 | Number of FT Employees | Register Free to View |
Financing
$4,600,000 Down and 5 Years Prime 2%
Business Description
New Jersey based mfg business structural steel and miscellaneous metals fabricator and erector specializing in difficult projects from which most automated fabricators shy away. A key service is retrofitting structural steel in existing buildings for revised infrastructure and re-purposing structures for new uses. With skilled tradesmen and engineers, the company prides itself in solving problems and issues with creative solutions while keeping economy in mind for their customers.
The company performs most of their work while only subcontracting crane service and stud welding specialties. The internal fabrication shop has performed many projects for area General Contractors, Construction Managers, developers and Corporate Owners directly.
A new division was created in 2018 to fulfill metal pan stairs and railings after many opportunities arose. The company still maintains a builder agreement with a large Pre-Engineered Building Manufacturer as well.
The company holds key licenses, certificates and AISC certifications allowing the business to work were most competitors are unable to.
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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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