The company specializes in the fabrication and installation of structural and miscellaneous steel, ornamental iron, and stairs and handrails. The company also sells steel and miscellaneous metals and provides historic preservation and restoration services.

Key Aspects

Revenue has consistently outpaced its costs year over year, creating positive operating leverage for continued profitable growth
Average revenue of $4.1M from 2019 to 2022
In operation for over 70 years
Diversified revenue streams including steel fabrication & labor, installations, and materials
$4.2 million in backlog as of February 2023
In-house fabrication, assembly, and parts facilities
Shop employees are cross-trained on equipment to ensure quick shift in workforce and resources

Opportunities

Continue to expand footprint into different states to expand market share
Bring steel erection and steel detailing services in house to reduce costs
Expand operations to maximize production outputs
Continue to increase workforce and operating capacity

Headquartered

Eastern US

Current Markets

The company primarily serves commercial (institutional, retail, hospitality), government, and residential clients throughout the Eastern US.

Real Estate

The company operates from a 20,000 sq. ft. facility leased from an unrelated third party.

Objectives

The company is owned by a single shareholder. He believes the company is in a position to expand and take advantage of growth opportunities in the industry. The shareholder is seeking to retire; however, he is willing to stay with the company under new ownership.

Benchmark International

Benchmarks Exclusive Opportunities

Established Steel and Miscellaneous Metals Fabricator and Installer – BN000032170

Established Steel and Miscellaneous Metals Fabricator and Installer – BN000032170

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