Washington, DC-based construction services subcontractor operating primarily throughout the DMV region. The Company specializes in the installation of architectural millwork, finished carpentry, and commercial fixtures and equipment, delivering services primarily on large-scale commercial, government, and institutional projects. The business focuses on high quality installation work rather than manufacturing, with highlighted capabilities in architectural millwork, custom interior finishes, and complex field-fit installations for projects such as hospitals, stadiums, and public buildings. Work is primarily secured through general contractors and large subcontractors, with minimal direct-to-owner contracting. Operations are run from a centralized office location in Washington, DC, with no production facility required. The Company maintains 10 core employees, including a superintendent and assistant superintendent, and scales labor as needed through union partnerships and subcontractors. The owner plays an active role in bidding & estimates, overseeing project execution, while also supporting administrative functions. The owner is seeking a transition as part of retirement planning and is open to supporting a new owner for 1 to 2 years after the sale. Additionally, the seller has offered to carry 15% of the purchase price as a show of good faith in the continued success of the business post close! Priced at $465,000, this business presents an opportunity to acquire a proven subcontracting platform with immediate expansion potential. The company generates strong inbound bid flow but is currently capacity-constrained, creating clear growth opportunities through hiring an in-house estimator, expanding direct bidding capabilities, increasing bonding capacity, and internalizing financial functions.
- Asking Price:
- $465,000
- Sales Revenue:
- $8,251,379
- Cash Flow:
- $116,810
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
Hire in-house estimator, increase
direct bidding, expand bonding capacity, capture more of
existing bid volume (~30 opportunities/week)
- Reasons for selling:
-
Retirement planning / age
- Employees:
- ~10 core employees including Superintendent + 1 Assistant Superintendent, Admin support (1099 + outsourced functions), with scalable union labor force
- Years established:
- 2000
