Semi Owner Absentee Industrial Construction and Maintenance Company with Union and Non-Union Operations
Off-MarketKeokuk, IA
Industrial Construction And Maintenance Company With Union And Non-union Operations.
Request an Introduction
Sign in to request an introduction to the seller and unlock full deal details.
$5,000,000
$500,000
10.0%
2007
30+ Days
Customers
The company has been in business for 17 years and has a strong customer base in manufacturing, food processing, and mining.
Customer Acquisition
Has done no marketing to date.
Team
15 employees, including an office manager and supervisor/project manager. Many of the employees have been there for 15+ years.
Owner's Role
Mostly owner-absentee; goes in once per week.
Reason for Selling
The owner is 63 and started a self-storage business in 2018, which he'd like to focus on as it's growing quickly.
Contracts
Yes
Real Estate
The property is around a whole city block, with approximately 25,000 square feet under roof. Open to including the real estate property as part of the sale package for a potential buyer.
When Are You Looking to Sell
Within 6-12 months
Licenses Required
No
Additional Notes
The company has both union and non-union operations, with the union company generating around $3 million in revenue and the non-union company around $2 million. The owner is open to separating or combining these but believes it would be in a buyer's best interest to acquire both.
Business ID: 1360
Unlock Premium Features
Get everything you need to find, finance, and acquire your business
Personalized Deal Flow
On and off market deals curated to your search criteria.
Unlimited 1:1 M&A Support
Expert advisors to help you spot red flags, negotiate your offer, and hand hold you all the way to close.
Pre-Vetted Deal Team
- * Intros to our preferred lenders
- * Access to our investor community
- * Discounted 3rd party Financial and Legal diligence