General Contracting, Electrical & Manufacturing

Van Wyck, SC

Service Area within 100+ Mile Radius


Asking Price: Annual Revenue:
$6,200,000 $4,756,828

Services: Construction, Contractors


Request More Information
Contact the Seller

RE: General Contracting, Electrical & Manufacturing Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $6,200,000 12.5% Buyer Down Payment $775,000 12.5% Seller Financing or Equity Roll $775,000 75% Bank Loan $4,650,000 A 12.5% down payment of $781,250 returns $679,873 in the first year after debt payments!

Quick Facts

Asking Price: $6,200,000
Annual Revenue: $4,756,828
Net Profit: Not Disclosed
Cash Flow: $1,472,747
Total Debt: Not Disclosed
FF&E: $1,151,330
Real Estate: Not Disclosed
Year Established: 2005
Employees: 20
BBN Listing #: 527434398
Broker Reference #: CBI009

Email or Print Listing

Request More Information
Contact the Seller


Business Overview:


This multi-trade service business has an 80% recurring client base and a 33% 3-Year average profit margin! With an incredibly versatile team of employees in place, 90% of their work is self-performed. They offer complete mechanical, electrical, and automation design, installation, and maintenance, as well as steel erection, concrete foundations, design build, and heavy equipment installation. The team of employees is incredibly versatile, with the ability to transition from trade to trade very easily. They have 25+ recurring clients with most of them having an MSA in place. In other cases, even though there is no contract in place, this company is their contractor of choice. The company started performing more mechanical services a few years ago, resulting in higher net income and profit margins. As they continue to do more on the mechanical side in the coming years, a new owner can expect to see profit margins and net income continue to increase, as profit margins from mechanical work is 35%, compared to 15% from general contracting services. There is tremendous room for expansion into the mechanical side, which currently accounts for only 9% of the business, but has a higher profit margin than the other services they provide.

Located near Charleston, South Carolina, the company operates from a two-acre property including four buildings. The seller owns the real estate and would rent it to the next owner for $3,500/month. The highly skilled and experienced team includes the Owner/President (who is willing to stay on as President or GM if desired by Buyer), 2 Project Managers, 3 Superintendents (2 of which are Assistant Project Managers), 1 Bookkeeper, and 1 Office Manager/Safety Coordinator.

Work is steady throughout the year and most projects are completed within a 100-mile radius of the office; temperatures in the area are generally in the 40’s-80’s, so they rarely have to hold jobs due to weather delays. There are no licenses limiting geographical expansion.

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.

Property Features and Assets:

Building: Four buildings on two acres includes offices, meeting rooms, warehouse, shop, and storage space Lease: Seller owns real estate and would rent to next owner for $3,500/month – adjusted on Cash Flow Analysis Vehicles: $808,720 Heavy Equipment: $126,500 Tools: $99,210 Trailers: $101,350 Office Equipment: $15,550 Included Working Capital: $200,000 Inventory: $200,000 Work in Progress: Average $2,000,000 Backlog: $1,359,463 *amounts may vary

Market Competition and Expansion:

• Number of Clients: 25+ active recurring clients • Services: General contracting services (50%) - Structural and Steel Erection, Traffic Signals; Electrical (41%) - Security; Mechanical (9%) – HVAC

Reason for Selling:

Retirement planning

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.

Documents:

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!