Commercial Building Contractor, Long-Term Clients

Business Overview:

This established commercial construction company specializes in construction and design/build services. It has a solid track record of successfully completing projects across various sectors.

In 2023, the company generated $18.7 million in revenue, showcasing its financial strength. Despite challenges posed by the global pandemic, it stabilized gross margin at 8%. Notably, the Seller’s Discretionary Earnings were $0.71 million in 2023.

2023 had a slower start than anticipated, primarily because of delays in a few projects related to design and permitting issues. The revenues are around $18.7m, with an SDE of 0.71 million. Most of the delayed projects have restarted in H2, and the management estimates that the company SDE will be around $1.5 million by the end of 2024, with a gross profit of $2.5 million.

The full-suite construction & contractor management, and design services and expertise extend to clients in medical offices, assisted living facilities, self-storage, churches, school districts, universities, food service, municipal, tech, and aerospace amongst others. Most projects are negotiated or repeat projects, with very little bidding – 70% long-term client revenue (*).

The company possesses a robust project pipeline consisting of contracted projects worth $41.7 million and has signed agreements for upcoming

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Market Competition and Expansion:

Locally the company competitors, of comparable size, have mostly good clients. The company differentiates itself by leveraging vast project experience, competitive pricing, and best practices in terms of project management. Florida competition (main): Certified General Contractors, MH Williams Company, Rush Construction. There is a high demand for storage and assisted living in Florida (especially Florida’s Space Coast), as the state population is rapidly increasing causing the need for new school districts, universities, and major employers to expand their facility space. The company is uniquely positioned and staffed to meet the construction needs of various sectors to accommodate this growth.

Reason for Selling:

Additional Details:

Documents:

Relevant Links:

• View more Florida businesses for sale
• View more Businesses For Sale in the same industry
• Sell a business online
• Find a business broker