Nevada Steel Erection Company Specializing Non-Union Construction
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Asking Price
$13,000,000
Detailed Information
Business Description
This Nevada-based steel erection company is known for specializing in non-union projects beyond the Strip area. With a strong track record in both single and multi-story residential and commercial construction nationwide. Their extensive portfolio showcases their commitment to quality, efficiency, and innovation. They have deep-rooted relationships with reputable contractors in the Nevada market, positioning them well to take advantage of anticipated regional growth. The company has a robust backlog exceeding $15 million, including accounts receivables, and ample working capital. The seller is seeking $16 million at closing, structured with $4 million paid as an earn-out over 3 years, with the option for the seller to retain $5 million in equity. The seller is committed to facilitating a smooth transition, providing training and support, while the dedicated staff are prepared to stay on under new ownership to ensure operational continuity and stability. For those interested in exploring this opportunity further, a confidential business summary and financial information are available upon request. Prospective buyers can contact the listing agent