Florida-Based Engineered Steel Rebar Fabricator
| Asking Price: | $12,000,000 |
| Gross Revenue: | $12,000,000 |
| Rent: | $6,000/Month |
| FF&E: | $2,500,000 |
| Cash Flow: | $1,900,000 |
| Inventory: | $300,000 |
| EBITDA: | $2,000,000 |
| Established Year: | 1983 |
COMPANY OVERVIEW
Founded over 40 years ago, the Company is established as a leading Florida-based engineered steel rebar fabricator and supplier of concrete reinforcing steel and related rebar products. It customizes and distributes steel rebar and supporting products. The Company carries a large assortment of rebar in all sizes including, but not limited to epoxy coated bar, galvanized bar, GFRP, and black bar.
The Company offers its concentrated product solutions to a large client base including a variety of commercial contractors and construction customers.
PROPERTY AND FACILITY OVERVIEW
The Company is uniquely located on 3 acres and includes direct access to a railroad line under the roof of its warehouse allowing for increased inventory capacity and improved inventory handling. The facility offers ample storage, warehousing, and office space along with an overhead crane system for rebar handling, production efficiency, safety, and inventory management. The property is in a very fast growing and desirable city on Florida’s West Coast with access to all major highway systems.
FINANCIAL OVERVIEW
The Company continues to demonstrate stable financial performance generating Sales of $11.9M and EBITDA of $2.0M in 2023. The Company stands poised for sustained success and continued growth in the foreseeable future, but new ownership with greater capital and human resources will take it to the next level.
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