52 Y/o Family Owned Rebar Fabrication Company

Business Overview:

Founded in 1971 this industry known and respected Rebar Fabrication Contractor and its union affiliated workforces have provided services on Public Works Contracts for over 50 years.  With an extensive list of trucks and equipment, rebar inventory and 13,000 sq feet of covered warehouse space, machinery and assembly space, this is ready to go on day one.  Significant A/R, Retention and $2M in current backlog.  Current Employees have C50 License for ease in SBA loan approval process.  Owner is open to sale or lease of property and building.   11229

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Property Features and Assets:

The facilities consist of 2 open warehouse areas of about 13,000 square feet that house the rebar fabrication machines with area for cage production.  The property has 4 cranes for moving materials,  loading and unloading trucks.  Additionally there is approximately 4,000 square feet of office space.    The lot is fully fenced and gate controlled 1.82ac with nearly 100% of the lot poured/supported cement.  The uncovered areas are available for movement of inventory management, forklifts, trucks, trailers and general parking.  Property can be leased or acquired for $6M.

The owner will provide 2 weeks, 20 hours per week for training as part of the sale.  Owner is willing to sign a longer part time consulting agreement to aid in the transition.  There are a number of current employees that will stay on and provide valuable knowledge of current business operations.

Additional Details:

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