General Contractor With Management In Place! (37916) For Sale

Situated in the Greater Boston Area, this specialized general contractor provides custom millwork, carpentry, installations, and 24-hour maintenances such as interior/exterior repairs, patching and other trade work. Offering one-year’s warranty on labor, company also manufactures plexiglass sneeze guards and is a licensed bank equipment vendor, catering to the Financial (70%), Food (15%), Commercial (10%) & Industrial (5%) markets. Licensed, insured, and fully bondable, company enjoys ongoing industry reputations by working with various architects. Also, great ratings from over six decades’ worth of experience in quality service have helped successfully rebound from the pandemic’s effects in 2020 & 2021. Workplace is a pair of warehousing suites that feature a maintenance building of 1,500 square feet, owned by the company and included in the price, and a headquarters of 8,800 sq. ft.; available for separate purchase or a monthly leasing of $8,200. HQ is complete with four storage containers, a full yard with two loading docks, and office space. An existing untapped residential market could help take company to the next level as a potential add-on to the business with fresh profits. A near $2 Million increase from 2021, business reached projected Revenues of $6,500,000 in 2022 alongside Discretionary Earnings of $588,072 and EBITDA’s up to $425,713, with a 9 Month Interim from August to June showing $8 Million in Sales and a Net Income of $1 Million! Personnel and support team of 16 nonunion employees are cross trained in manager duties and most likely to stay post-sale to continue operations after a smooth six-month owner’s transition. The maintained website and social media engagement highlight a diverse portfolio of fine craftsmanship. No official advertising program or SEO is kept, ideal routes for extra growth as industry relations and referrals from a repeating clientele have been effective in bringing on new work, after a recently awarded $10 - $12 Million project brings 10% of anticipated profit for the condominium renovation!