Business Overview:
Total Annual Revenue & Cash Flow are for Jan-July 2022 (7 Months). Residential Construction in AZ! This well run 50-year machine is connected to 10-15 major track home builders in the Valley. Long term employees including Supervisors and Foremen. Owners are able to take time off if needed. Plexxis software covers job costing, customer service, inventory, equipment etc. – everything except bids. Now hoovering around 35M+ per year with 300-400 employees, work is backed up for months at a time. No client is more than 10-15% of the revenue. Historical low EMOD. EQ held in a second company and leased back (see cash flow addback). Great Books! RE included in the sale is currently leased back to the Company as well as most of the EQ. Seller’s personal vehicles shall NOT transfer with the sale. The working Capital, which is included plus the Equipment are valued at 5M. Co for sale at 8M. RE for sale at 3M. Stock sale is necessary to retain contracts and employees. Qualified Principal Buyers with direct experience in the residential building industry and proof of funds will be considered.
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Property Features and Assets:
2 Valley locations included in this sale– see agent for details/addresses.
Market Competition and Expansion:
Working capital of 2.5M-3M is included (see above). WC needs fluctuate between 2.5M – 3 M. Inventory also fluctuates 3.5M+ annualized OCF is possible.
Reason for Selling:
Retiring
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
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