Business for Sale Overview:
Company revenues are approx 100% from sub-contracting to large commercial and industrial GC's and construction management firms. In recent years the bulk of the firm's business has been derived from servicing approx. 10 -15 major customers per year. Over the years, however, the company has done business with all the major firms in the region and state. Although licensed in several southeastern states, the company chooses to focus on Florida only. Owner currently works about 20 hours per week; duties include: high-level trouble-shooting and decision making. Approximately 19 of the 80 employees are considered key- project managers, Estimators; office/accounting personnel; and job site supervisors.
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Property Features and Assets:
Operations are headquartered in a light industrial office park, located in west central Florida. The facility is very clean, professional and modern. Non-depreciated value of all Fixtures, Furniture & Equipment as of 11/30/2008, not including the building, is approximately $625,000. Based on balance sheet depreciation, assumption is made that net depreciated value is around $312,000 (half of Book Value).
Market Competition and Expansion:
Company has strong reputation built on professionalism and performance, setting it apart from many of the competitors.
Reason for Selling:
Owner Retiring
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.