Modular Manufacturing - $1.4M Earnings | Midwest

The world of modular construction has fascinated me since I learned about it a few years ago - and you can get into this booming market by buying a profitable Midwest manufacturer that just hit the market. Midwest Commercial Building Manufacturer - https://app.searchassistant.io/listing/eyJhbGciOiJBMTI4S1ciLCJlbmMiOiJBMTI4R0NNIiwiemlwIjoiREVGIn0.Q0lP8YV48aElgOhDYsrx0GZ01UVmtzik.blqEQtCgq59bvhlu.CBt5vK1J8YwT2uLlIvC_YWXVJOUPnJHIXFC9QrrtKqjZGUaxG9oAphGu1ohJKxhXlqMQF7kexA.aV8qy8tMtG-MiYkj4vrpmg?utm_source=searchfunder&utm_medium=post&utm_campaign=YMLDW This business generates $1.4M in earnings on $9.5M in revenue (~15% margins) and has a strong foundation in a method of construction that has been growing substantially. If you're not familiar, modular construction is basically legos but creating actual buildings. A massive building collapse in the '60s and a general perception of lower quality have limited the approach for years, but that's all changing. The market has tripled in seven years, and major brands like Marriott now use modular for 30% of new hotel projects. Why modular? - Speed: the on-site team can prepare the foundation as construction begins in the factory. Projects finish 20-50% faster than traditional construction. - Quality & Safety: Factory settings eliminate weather-related inconsistencies, and an assembly line allows for greater precision and quality control. - Cost Savings: better labor utilization and less wasted materials If it's all sunshine and roses, then why are there only ~250 manufacturers service a $100B+ market? - Upfront CapEx: this requires a dedicated factory with specialized equipment on day one - Transportation Challenges: moving giant lego blocks is hard - Front-Loaded Design: every detail must be finalized before manufacturing begins, or else changes get expensive or impossible fast Part of me wishes I lived nearby so I could at least just get a tour of the factory. :) I'm fascinated by the industry, but really don't know enough about the construction world for this type of vertically-integrated play to be a good fit for me. What about you? Would you ever buy a modular building manufacturer? ------- I built Search Assistant to help you search smarter and buy faster. We have details on other great listings like these, so check it out and get started for free at searchassistant.io.