Growing, Profitable & Est. Business in High Growth

Not Disclosed, UT

Asking Price: Annual Revenue:
$4,800,000 $5,834,715

Services: Construction, Contractors

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RE: Growing, Profitable & Est. Business in High Growth Broker: Eric Sorensen

Quick Facts

Asking Price: $4,800,000
Annual Revenue: $5,834,715
Net Profit: Not Disclosed
Cash Flow: $1,240,071
Total Debt: Not Disclosed
FF&E: $2,093,025
Real Estate: Not Disclosed
Year Established: 2012
Employees: 45
BBN Listing #: 27844955
Broker Reference #: 7401-16302

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Business Overview:

Successful construction related business operating in the Wasatch Front.
The business was established nearly ten years ago and has grown rapidly to become a dominant player in the market. Revenue has grown consistently every year since 2016 and growth is projected to continue. In addition to the growth in its specialized product segment, there is tremendous opportunity for a new owner to grow by offering complimentary products and expanding geographically throughout the Wasatch Front. The business currently does a vast majority of business in only two counties in the Wasatch Front. The majority of revenue is derived from exclusive contractor relationships that pay more than 50% upfront. There is currently more than a million dollars in backlog orders with about half of that held on deposit. Virtually no customer concentration, the largest customer comprises only 7% of 2020 revenue. The owners have not been shy about investing profits into the business and have the some of the best FF&E industry suppliers offer. A new owner would not have any capex requirements for many years.

The Company does little marketing and grows organically from word-of-mouth referrals and its market presence. The sales team can easily outsell production. COVID-19 had no impacts on business operations. Demand grew during the pandemic and there have been no supply constraints. The owners have worked tirelessly to build this business and are ready for a change of pace and lifestyle. Owners will assist a new buyer in a transition for a reasonable amount of time.

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Property Features and Assets:

The Company operates from three locations, two of which are owned by the current owners and are not included as part of the business sale. New lease agreements will be negotiated and set in place for new owners. Assets = $2,575,810.

Market Competition and Expansion:

Moderate competition with plenty of demand for growth. Tremendous growth opportunity in complimentary business lines and geographical expansion.

Reason for Selling:

Hoping to move on to their next successful busines.

Additional Details:

  • The property is leased.
  • 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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