Seller's Contact Information
- RE: Construction Business
- Contact: Robert Howells
Quick Facts
Asking Price: | $1,950,000 | |
Annual Revenue: | $1,380,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $582,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 427,500 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 3 | |
BBN Listing #: | 979012290 | |
Broker Reference #: | S505 |
Business Overview:
The business experiences continued growth and expected to finish the year with revenues in excess of $1.3M in ‘22 – a 30% increase. The owner anticipates similar performance in 2023 as they signed additional backlog of work for the year. This is an established business with a great reputation but could be improved with the addition of some internal processes to streamline operations during this growth.
The business is located in the SECOND highest growth area of Texas and is experiencing tremendous expansion. The business grew during the pandemic due it its unique offering and high net worth customer base. Very few competitors in the marketplace. Seller willing to stay on with new owner for sales, design and quotation activities. Pre-booked revenue and quoted jobs come with the sale.
The business offers a variety of products and services. One of the employees acts as manager when owner is on vacation. There is continued opportunity for growth with additional marketing. The majority of the current business is from referrals with some from internet inquiries. The construction yard has space to store equipment and inventory.
The owner is selling to focus on other business interests. The owner is also willing to assist the buyer with a smooth negotiated transition and is flexible on how it will be structured. Included with the sale is a meaningful non-compete agreement.
Seller Financing Available. SBA Approved with three lenders.
This opportunity is structured as an asset sale and is neither an offer nor a solicitation to sell securities. Contact Robert Howells for more information.
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Property Features and Assets:
1,200 square feet with Storage Yard.
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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