37381- Full Steel Manufacturing Sales & Services
For Sale in ND
Financial & Assets Details
About the Business
All Inclusive! Founded in 1978 and operating from its headquarters in southern North Dakota, this Company specializes in custom metal fabrication for the agriculture and energy industries. The Company’s primary products include hopper bottom grain tanks, oil well storage tanks, silage trailers, and other livestock equipment. Offering these products requires heavy duty handling equipment, specialized tools, and experienced welders. The Company has a proven track record, supported by testimonials written by customers over the years. With its broad range of products, the Company’s marketing efforts focus on targeting farmers, cattle ranchers and other manufacturers in North and South Dakota, Montana, Wyoming, and Minnesota. Revenues have been steadily increasing at 12% annually. Outdoor activities such as hunting and sport fishing are hobbies for this area. Ice fishing, skiing, and snowmobiling are also popular during the winter months.
An huge growth opportunity exists to capture a greater share of the market through hopper bins with the right capital. Currently, 90% of the Company’s hopper bottom grain tanks, livestock equipment, and fuel tanks are sold to farmers, ranchers and other manufacturers. Energy accounts for 10% of the Company’s oil well storage tanks are sold to oil and gas drillers. This owner operated business is managed in a hands-on fashion giving the owner full control over the quality of products and the customer service provided. The success of this business is solely based on repeat and referrals, less than $5,000 invested into advertising. A new owner would do well to increase inventory and sales efforts. Contact us today for more information on this business!
Negotiable for the right buyer
The Company operates from a 15,600 square foot facility which includes office space, work shop and production areas, inventory and equipment storage. While the property is included in the sale, a long term lease might be negotiable. The business could be expanded into additional regions of the U.S.
Support & Training
While the owner will be available for a transitioning, the rest of the staff would most likely be available after the sale.
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