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Listed by:

ProNova Partners

Broker license number: 01820673

Commercial And Industrial Construction General Contractor For Sale

Charlotte, North Carolina, US
Asking Price:
$11,000,000 Furniture / Fixtures included
Sales Revenue:
$19,363,000
Cash Flow:
$2,750,000

This commercial and industrial construction general contractor was founded in 2006 after the founder determined that the construction general contractor that he was working for was on a path to being sold. The Company was extremely successful and grew substantially under his leadership. The current owner is the son of the founder and has built and managed several successful businesses over the years. The current owner purchased the business in 2019 and helped the founder further develop a strong leadership team that could operate the company independently from the company’s ownership.

The Company acquired a competitor in mid-2022 and has now fully integrated the two company’s operations into one, cohesive unit. The combined entity has enjoyed higher margins, a strong pipeline, depth of talent and resources, and an incredibly strong brand in the Charlotte market.

The company surpassed $19.3M in TTM revenue and over $2.6M in adjusted TTM EBITDA. 2023 is on track to eclipse $22M in revenue with $3.1M in TTMM EBITDA. With a strong pipeline of exclusive work built on decades of trust, the company shows no signs of slowing down.

NDA is required to secure comprehensive Confidential Information Memorandum (CIM) crafted by ProNova Partners.

Property Information

Premises Details:

One corporate office that is leased for $3,845 per month.

Business Operation

Expansion Potential:

The company has three main local competitors that each rely on the relationships that have been built for decades. The company faces little competition from larger, regional, or national general contractors since most of their projects are on a smaller scale than what larger GC’s will tackle.

Competition / Market:

The company has three main local competitors that each rely on the relationships that have been built for decades. The company faces little competition from larger, regional, or national general contractors since most of their projects are on a smaller scale than what larger GC’s will tackle.

Reasons for selling:

The current owner wishes to pursue other opportunities.

Employees:
27
Years established:
2006

Other Information

Support & training:

As needed – specific terms for transition support can be negotiated. The Seller wishes to facilitate a successful and smooth transfer of the Business.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

TBD if structure and terms are acceptable.

Furniture / Fixtures value:
$1,222,959 - included in the asking price

Listed by

ProNova Partners

Broker license number: 01820673

View 110 ProNova Partners listings