Shellco Construction Corp | Application Preview
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General Information
Business Registration Number: Shellco Construction Corp
Location: Lake Park, FL, United States
Length of Operation: 11plus
Number of Employees: 101+ Employees
Annual Gross Income: $1M to $10M
Annual Gross Expense: More than $10M
Open to Loans: YES
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Funding Usage
Shellco will like to branch off and create a Truss Manufacturing Plant. We are in the process of purchasing 7 arces and building facility of 65k sf. The funding will be used to purchase equipment. The company will have a work force around 50 people.
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Business Plan
The business growth in South Florida for new homes that needs roof trusses - no plan needed. I have owned Shellco for 18 years and the need for another truss plant to manufacture has been needed but the cost to start is very high, due to the cost of equipment. I started Shellco with a line of credit agaist my house of 200k. Last year Shellco did 39 million in sales with a profit margin of 12%. I run a very clean, efficient, profitable, with a well reputation at Shellco and I will do the same at the new truss company called Yellowpine.
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Self Identified Competition
Builders First Source A1 Industries East Coast Truss Because all my competitors have the same mentality. "This is the way we have always done it". No of them have or will invest in automation. It is 2024 and employees are willing to work smart not hard. With the automation of equipment that is avavilable overseas like "Randek", I can build the trusses quicker with less employees.
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