Lucrative Commercial/Residential Construction Comp

Brooklyn, NY
Kings County


Asking Price: Annual Revenue:
$3,000,000 $5,389,166

Services: Construction, Contractors


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RE: Lucrative Commercial/Residential Construction Comp Broker: Sam Livne

Quick Facts

Asking Price: $3,000,000
Annual Revenue: $5,389,166
Net Profit: Not Disclosed
Cash Flow: $522,430
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 15
BBN Listing #: 956026891
Broker Reference #: Not Disclosed

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Business Overview:

Established in 1984, this Construction company specializes in Exterior Restoration, Structural Repairs, and Waterproofing services and serves the Tri-State region with its core business located in the Metropolitan New York area. With senior management and supervisory team with a combined experience of 90 years and a project management staff with 40 years of industry knowledge and expertise, the company can solve complex and demanding restoration and compliance issues while providing the best results at the most competitive and fair pricing in a safe and compliant manner.

Over its 20 years in operation, its goal has been to provide the best results at the most competitive and fair pricing and in the most safest and compliant manner. This goal is achieved by an in-house team of engineering that ensures all work is performed under full compliance with state and/or local government rules and regulations and with strict adherence and respect to safety and labor law requirements. The company complies with NYC rules and regulations and promotes a safe work environment within the company and its subcontractors, and fully subscribes and adheres to all rules promulgated by the DEP, EPA, DOL, OSHA.

During its years in operation, the company has crafted a niche market that is mostly comprised of government contracts and other commercial/residential projects. This achievement, coupled with the company’s ability to deliver quality projects on time has earned them a good reputation that has been rewarded with a steady flow of projects with the company currently handling future projects worth 18 Million. Their success, good reputation, and expertise are evidenced by a tremendous growth in income over the last 5-years and steady revenues during the pandemic and harsh economic times brought by Covid.

This company is Rigger Licensed fully Insured and Bonded contractor, with high Liability insurance Limits. The management in place is ready and willing to stay on with a new owner. Inventory, assets, equipment, and working capital are also included in this sale. This business can easily be scaled by the implementation of a more proactive and formal marketing plan and replication of this business model to other regions within the United States can broaden their geographical market share.

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Market Competition and Expansion:

The Restoration, Structural Repairs, and Waterproofing industry in the region are very lucrative and robust owing significantly to the guaranteed wear and tear of existing structures and recent harsh weather conditions. Being in an ever-changing landscape, figuratively and literally, there are continuous opportunities for development, modernization, and new projects to cater to the increasing number of residents, businesses, and facilities in the region. These opportunities offer continued work for the firm guaranteeing a wide market offering with limitless potential.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is not 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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