This long running and well-regarded business features a skilled workforce, a sterling reputation for quality, and consistent revenues. It represents a great opportunity for an owner / operator, an investor, or a synergistic buyer. Located in Southern Maine, the company serves commercial property owners in a wide variety of industries. The company provides services for both new construction and for repair/replacement projects for customers throughout New England.
- Asking Price:
- $3,525,000
- Sales Revenue:
- $3,872,000
- Cash Flow:
- $921,500
Property Information
- Real Estate:
-
Lease
- Lease Rent:
- $145,000 per sq ft per annum
- Premises Details:
-
The company operates from approximately 15,000 sq. ft. of leased space. The facility provides ample space for its equipment, vehicles, materials, and operating needs, while also providing capacity to support future growth.
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
The company and ownership have identified opportunities for additional growth, primarily through further expansion of its existing services and capabilities. Its established customer relationships, experienced workforce, and existing operating infrastructure provide a strong platform upon which to build such expansion.
- Competition / Market:
-
The market served by the company is both significant and consistent. The region’s aging commercial building stock creates ongoing demand for repair and restoration services, while changing industry needs provide opportunities for replacement and new construction projects. The company’s established market position, focus on quality, and experienced staff provide meaningful competitive advantages. The business occupies an attractive niche, with capabilities that exceed those of many smaller competitors while effectively serving projects that larger competitors may not prioritize.
- Reasons for selling:
-
To focus on other opportunities.
- Employees:
- 20
- Years established:
- 1948
Other Information
- Support & training:
-
Owner will provide transition support for 2-4 weeks. Hours/week TBD. Will continue remote support for extended period.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Furniture / Fixtures value:
- $750,000
- Inventory / Stock value:
- $120,000
