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Well-established rebar fabrication and supply business with 30+ years of operating history, a strong regional reputation, significant hard assets, and a clear path for continued growth. The Company... <iframe src="//www.googletagmanager.com/ns.html?id=GTM-PD74W8S" height="0" width="0" style="display:none;visibility:hidden"></iframe> Businesses Franchises Brokers Loading... Create your free account Already have an account? Sign In here There is an error with your email address. Please call (888) 777-9892 option 2 to contact us for further assistance. Full Name Please enter a valid name Email Address Please enter a valid email address You already have an account.Sign in to continue Phone Number Please enter a valid phone number Password Your password must be at least 8 characters long and include a number, an uppercase letter, and a lowercase letter. Yes, send me the BizBuySell Newsletter for popular businesses, tips & email promotions. 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Sign In Loading... 30+ year Established Rebar fabricator/distributor w/ Real Estate Atkins, IA (Benton County) Previous Next Asking Price:$2,800,000 Cash Flow (SDE):$950,000 EBITDA:$723,000 Gross Revenue:$12,513,155 Real Estate:$4,234,000* Established:1996 *not included in asking price. 30+ year Established Rebar fabricator/distributor w/ Real Estate Share This Listing Previous Next 30+ year Established Rebar fabricator/distributor w/ Real Estate Copy Link Link Copied Email Facebook LinkedIn Twitter Reddit Your Name Please enter your name Your Email Please enter a valid email address Recipient Email Please enter a valid email address Send via Email Business Description Retiring owner available to support transition Well-established rebar fabrication and supply business with 30+ years of operating history, a strong regional reputation, significant hard assets, and a clear path for continued growth. The Company provides rebar fabrication, processing, supply, and distribution services for commercial, infrastructure, bridge, industrial, and DOT-related construction projects across a multi-state footprint. Customers include general contractors, subcontractors, developers, and public-sector project participants that rely on the Company for fabricated rebar, supply coordination, job-site logistics, and project-specific execution support. The business operates from a 34.3-acre campus in Atkins, Iowa. The property includes four buildings totaling approximately 40,588 square feet. The primary facility is a 29,400 square foot main fabrication shop built in 2016, featuring two 7.5-ton overhead bridge cranes, 30-foot clear height, 8-inch reinforced flooring, 600-amp electrical service, and four semi-truck doors. Additional facilities include a 6,260 square foot shop with a vehicle lift, a 2,688 square foot flex shop with a paint booth, and a 2,240 square foot insulated paint shop. The Company’s production equipment includes rebar fabrication and bending machinery, shear line equipment, spiral and hoop fabrication equipment, table and radial benders, mandrels, and forklift support equipment. The business also operates a 30+ unit fleet consisting of flatbed trailers, tractors, skid steers, trailers, and related heavy-duty transportation equipment. This combination of specialized equipment, yard space, building infrastructure, and delivery capability would be difficult and costly for a new entrant to replicate. The Company benefits from a strong competitive position within its local market, with limited dedicated rebar fabrication competition within approximately 50 miles of its facility. While national suppliers and broader steel distributors compete across the Midwest, the regional market remains fragmented. Many smaller operators lack the certification coverage, fabrication capacity, equipment base, delivery infrastructure, and DOT-oriented execution required to support larger bridge, infrastructure, and public works projects. The Company’s location along the Highway 30 corridor, combined with proximity to rail infrastructure, provides a meaningful logistics advantage for inbound steel, outbound delivery, and future freight optimization. Growth opportunities are highly actionable. Current revenue is largely driven by inbound bid requests, repeat contractor relationships, and estimator-led prospecting. A buyer could add dedicated sales coverage, improve bid tracking, increase estimating capacity, and pursue more proactive outreach across the Company’s existing multi-state footprint. These initiatives could increase bid volume and win rates without requiring a major change to the operating model. The Company is also supported by DBE, Women-Owned, and SAM registrations, which provide access to compliance-driven public-sector and DOT-related opportunities that are unavailable to many competitors. These credentials, combined with long-standing contractor relationships and an established reputation in the market, create a differentiated platform for continued expansion. The current owner is seeking retirement and is willing to provide a multi-month transition period, with availability for up to one year post-close. Ownership is open to working alongside a buyer to provide training on internal processes, introduce key customer and industry relationships, and support a smooth operational handoff. This is an attractive opportunity for an individual buyer, strategic acquirer, construction services platform, steel distributor, or infrastructure-focused operator seeking a defensible, asset-backed business with specialized capabilities, meaningful real estate, recurring bid flow, and multiple paths for growth. Ad#:2515620 Attached Documents PROJECT IRONBEND TEASER ... Detailed Information Inventory: $917,449Included in asking price Furniture, Fixtures, & Equipment (FF&E): $703,385 Included in asking price Employees: 10 (8 Full-time, 2 Part-time) Facilities: The company operates from a 34.3-acre campus in Atkins, Iowa. The property includes four buildings totaling 40,588 square feet. The primary facility is a 29,400 square foot main fabrication shop, built in 2016, featuring two 7.5-ton overhead bridge cranes, 30-foot clear height, 8-inch reinforced flooring, 600-amp electrical service, and four semi-truck doors. Additional facilities include a 6,260 square foot shop with a vehicle lift, a 2,688 square foot flex shop with a paint booth, and a 2,240 square foot insulated paint shop. The company’s production equipment includes rebar fabrication and bending machinery, shear line equipment, spiral and hoop fabrication equipment, table and radial benders, mandrels, and forklift support equipment. The 30+ vehicle fleet includes flatbed trailers, tractors, skid steers, trailers, and related heavy-duty transportation equipment. Competition: The Company benefits from a strong regional competitive position, with limited dedicated rebar fabrication competition within approximately 50 miles of its Atkins-area facility. While national suppliers and broader steel distributors compete across the Midwest, the local market remains fragmented, and many smaller operators lack the certification coverage, fabrication capacity, delivery infrastructure, and DOT-oriented execution required for larger bridge, infrastructure, and public works projects. The Company’s location along the Highway 30 corridor, combined with proximity to rail infrastructure, creates a meaningful logistics advantage for inbound steel, outbound delivery, and future freight optimization. Its 34+ acre campus further supports truck staging, material storage, and expansion capacity that would be difficult for a new entrant
Why we like it
- Earnings Quality: $950k cash flow on $12.5M revenue represents a healthy 7.6% margin in a capital-intensive manufacturing business, with the EBITDA of $723k suggesting strong operational cash generation after accounting for equipment depreciation. The 30+ year operating history and repeat contractor relationships indicate predictable bid flow and revenue stability.
- Durability & Moat: Limited dedicated rebar fabrication competition within 50 miles, combined with specialized certifications (DBE, Women-Owned, SAM registrations) that provide access to public sector work unavailable to most competitors. The 34.3-acre campus with purpose-built fabrication facilities and 30+ vehicle fleet creates a high barrier to entry that would require millions to replicate.
- Market Tailwinds: Infrastructure spending remains a bipartisan priority with continued federal and state investment in bridge, highway, and public works projects that require fabricated rebar. The company's DOT certifications and multi-state footprint position it well to capture growing infrastructure replacement and expansion cycles.
- Operator Advantage: Current revenue is largely driven by inbound bid requests with minimal proactive sales effort, creating clear opportunities for an operator to add dedicated sales coverage, improve bid tracking systems, and pursue more aggressive outreach across existing markets without changing the core operating model.
How to improve it
- Sales Infrastructure: Add dedicated sales personnel and implement systematic bid tracking to increase proposal volume and win rates across the existing multi-state footprint. Current revenue appears largely reactive to inbound requests rather than proactive market development.
- Estimating Capacity: Expand estimating capabilities to handle higher bid volumes and reduce response times, which could improve win rates on time-sensitive DOT and infrastructure projects where speed often matters as much as price.
- Customer Segmentation: Develop targeted outreach programs for different customer segments (general contractors vs. DOT vs. developers) to maximize the value of existing certifications and build deeper relationships beyond transactional bidding.
- Fleet Optimization: Analyze delivery routes and fleet utilization to potentially reduce transportation costs and improve delivery times, which could become a competitive differentiator in a commodity-like business.
- Inventory Management: Implement better steel procurement and inventory management systems to reduce carrying costs and improve project-specific material coordination, potentially improving margins on larger jobs.
Diligence notes
- Steel Procurement Risk: Verify steel supply agreements and pricing mechanisms, as commodity price volatility and supplier concentration could significantly impact margins. Check how the business handles steel price fluctuations in fixed-price contracts.
- Certification Compliance: Confirm the status and renewal requirements for DBE, Women-Owned, and SAM registrations that provide access to public sector work, as loss of these certifications could materially impact competitive positioning.
- Equipment Condition: Thoroughly assess the condition and remaining useful life of fabrication equipment, bridge cranes, and fleet vehicles, as major capital expenditures could be required despite the relatively new 2016 main facility.
- Customer Concentration: Analyze customer concentration and project pipeline to understand revenue predictability, as large infrastructure projects can create lumpy revenue patterns and potential collection risk if major contractors face financial difficulty.