This well-established general contracting company has a successful 41-year history of completing ground-up commercial projects from building office and apartment buildings to historic building renovations to custom tenant finish projects of medical facilities, community centers, testing labs and civic projects. The company has a long list of satisfied customers, a solid growth curve and currently secures work through repeat customer calls or word-of-mouth alone. This company is a perfect platform for another general contractor; a company in a related construction field; or an add-on to a general contracting business looking for a strong foothold in the company’s market. The current ownership has purposely kept the company smaller and easy to manage and turns down work. Yet, the company did over $7 MM in sales in 2023 and $525,000+ in cash flow. Clean books, established vendors, loyal sub-contractors and reliable referral sources for new business make this an attractive opportunity.
- Asking Price:
- $650,000 Furniture / Fixtures included
- Sales Revenue:
- $7,891,953
- Cash Flow:
- $525,612
Property Information
- Real Estate:
-
Lease
- Location:
-
900 sf leased office space.
Business Operation
- Expansion Potential:
-
The company has been growing each year as is. However, additional growth opportunities including hiring superintendents and taking on additional work, proactively leveraging current client list, develop a website, exploring social media, accepting all of the work that comes in currently, adding an office manager.
- Competition / Market:
-
There are other general contractors, however, one look at the financials, trend line, backlog, list of customers and work flow you will know this is a solid, well-run company with sustainable competitive advantages and plenty of growth potential.
- Reasons for selling:
-
Retirement
- Employees:
- 5
Other Information
- Support & training:
-
Seller will provide effective training and knowledge transfer to the Buyer in all matters relating to Company operations.
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
The Seller will entertain offers of varying financial and legal structures.
- Furniture / Fixtures value:
- $15,000 - included in the asking price
