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Industrial Services Company - 50 Years Strong!

Nebraska, United States
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Asking Price$2.80m
Revenue$5.88m
EBITDA$788k
Cash Flow$800k
Description
This incredibly strong business has been serving Eastern Nebraska and Western Iowa for over 50 years! They specialize in professional and reliable industrial services to the residential construction and existing building repair. Their employees are qualified and licensed in both Nebraska and Iowa. They have a long-term employee base with many having 20 years of tenure! The company has enjoyed years of steady growth and profitability, which is clearly evident today. The current owners will retire but are willing to stay on and assist the buyer for an extended period.
Real Estate
Rent is $6,000 per month
Building Size: 10000 sq. ft.
Furniture Fixtures & Equipment
$200k
Inventory
$100kIncluded in Asking Price
Number of EmployeesFull-Time: 39
Year Established
1975
Reason Selling
Retirement
Facilities & Assets
Building size is 10,000 sq ft, and the yard is approximately 1 acre.
Support & Training
Owner will train the new buyer on all processes & industry information as needed.
Market & Competition
There are minimal competitors in the Nebraska market.
Growth Opportunities
There is room for growth by adding additional field staff. A decent amount of sales are turned away currently.
Asking Price$2.80m