Mills eyes on a $12M Steel Fabrication Business? - Acquisition Anonymous 296

Acquisitions Anonymous - #1 for business buying, selling and operating

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In this episode, we found a South Carolina-based steel fabrication company business for sale. Making $12.5 million in revenue and a cash flow of $1.6 million. We then talked about company's potential for expansion, its reliance on cyclical construction projects, and the crucial role of relationships with general contractors and financing challenges, particularly through SBA loans, providing valuable insights into business acquisitions in the steel fabrication sector.

Check out the listing here: https://www.bizbuysell.com/Business-Opportunity/Structural-and-Ornamental-Steel-Fabrication/2183028/?utm_source=acquanon.com&utm_medium=podcast&utm_campaign=ep-296

Thanks to this episode's sponsor:

Acquisition Lab and their team have been longtime supporters of the pod.

Acquisition Lab exists to help people buy a business and navigate all the complexities of the process, as well as provide a trusted framework, tools, and resources to support you from search to close.

If you are serious about buying a business, check out acquisitionlab.com or email the Lab's director Chelsea Wood, [e-mail] and mention us ;)

Learn how to buy a business.

If you are interested in buying a business but unsure how to start, you should check Michael's Buy a Business Course:

You will learn:

• Build a thesis for the type of business that's right for you‍

• Learn how to stand out in a sea of buyers

• Create a working, scalable Deal Engine getting you leads

• Maximize your chances of finding great deals

Show notes:

00:00 Intro

02:57 How the Steel Fabrication Business works

10:13 How to deal with the market?

Revenue and Margin Potential in the Industry

16:04 Financing for this industry

22:39 Alternative Financing Options

26:04 Who should buy this deal?

28:48 Valuation and Interest in the Business

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