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Business For Sale

GENERAL CONTRACTOR

Attn: Bill Busche
Not Disclosed, NJ, USA
Listing Number: "41174"
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Asking Price: $2,200,000 USD USA Dollars
Business for Sale Industry: Services: Construction, Contractors  
Reason for Selling: retirement
Year Established: 1972
# of Employees: 4
Yearly Revenues: $574,284
Yearly EBITDA: $73,407
 

Business for Sale Overview:

This general construction contractor in New Jersey is a profitable and growing business. It does any needed work for commercial and residential projects, including building additions, excavating, installing playground equipment and carpentry. It started as a small subcontractor in 1972. With a focus on quality of work, the company gained so many customer referrals and loyal customers that it was able to expand into a prime contractor – one of three major contractors in the state. It has certifications from the State of New Jersey, the Port Authority of New York and New Jersey, and the New Jersey Transit Corp. The contractor has great relationships with and does regular work for each agency. The business has a reputation for providing quality, on-time work and employing only skilled and hard-working people. The business has never advertised. It instead receives new customers through referrals and competitive bids. Its service area includes the entire state. The business is home based and will need to be relocated. Presently, it is in Essex County, within 20 miles of New York City. The owner is willing to stay on after the business sale for up to six months to facilitate a smooth transition.


Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for 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.

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