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Fully Licensed Construction Business In New York For Sale

New York, US
Asking Price:
$125,000
Sales Revenue:
$1,400,000
Cash Flow:
$600,000

A fully licensed New York City construction company with an excellent portfolio of satisfied repeat customers. Full-service solution to your development and construction needs, from design and budgeting to execution.

They undertake all aspects of commercial and residential buildings, including new build, maintenance, refurbishment structural alterations, and all other general building work.

They are a local general contractor, maintenance, and home improvement company that believes in old-school work ethics. Works with many major NYC builders.

Kitchen and Bath Remodeling Room additions, New Construction, Roofing and siding, Drop ceilings, vanity and ceramic tile, flooring Custom Cabinets, Painting, tiling, Electric, House added, finished basements, masonry, etc. Fully licensed in New York City and insured. Business comes with one 2019 Ford Transit Van and many tools.

Currently rents a garage from month to month for $325 per month. In the Covid-affected year (2020)- the company did almost 40 projects. Has a $5m umbrella which is required for many projects. The seller has been building a restaurant for himself in 2023 and has turned down most new jobs.

2023 YTD sales of about $400,000 and net profit of $150k. Prior construction background is required for a call with the owner. New owner-operator can quickly rebuild sales back to the prior year's $1.4m. Crews, tools, and equipment are still in place.

Business Operation

Reasons for selling:

Other business

Employees:
4 FT
Years established:
3

Other Information

Support & training:

Seler will train

Furniture / Fixtures value:
$50,000
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.