Business Services w/ 6MM Work in Progress

Not Disclosed, SC

South Carolina Area

Asking Price: Annual Revenue:
$4,275,000 $4,384,111

Services: Construction, Contractors

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RE: Business Services w/ 6MM Work in Progress Broker: Cortney Sells
Owner Financing is Available!
Purchase Price: $4,130,000 12.5% Buyer Down Payment: $516,250 12.5% Seller Financing: $516,250 75% Bank Loan: $3,097,500

Quick Facts

Asking Price: $4,275,000
Annual Revenue: $4,384,111
Net Profit: Not Disclosed
Cash Flow: $1,965,962
Total Debt: Not Disclosed
FF&E: $918,570
Real Estate: Not Disclosed
Year Established: 2005
Employees: 20
BBN Listing #: 527434398
Broker Reference #: CON063

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Business Overview:

With more than 2.2 million in assets and 1.9 million in cash flow! This business with 20+ employees provides services from traffic signaling to steel erection and more! Exceeding client expectations through knowledge, experience and safety! This diversified business offers complete general contracting services in traffic signals and security, HVAC, plumbing and process, structural and steel erection. This business quickly earned a reputation for performance excellence based on knowledge, experience and a superb safety record in the most challenging environments. Twenty skilled team members are in place and ready to take on the next project.

Sales are growing year over year, ending 2018 with a 45% profit margin. With an average project size of $200,000, this company has existing government contracts with the city and department of transportation, which accounts for 60% of their business.

The company operates from a two-acre property that has plenty of room for offices, a warehouse, and workshop as well as storing equipment. Work is typically steady throughout the year and most projects are completed within a 100-mile radius of the office.

With low overhead and a lease of $3,000 per month this company has room to growth. Growth opportunities include pursuing more projects into the mechanical side and especially general contracting, structural and steel erection, which currently accounts for only 11% of the business.

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Property Features and Assets:

Building: Four buildings on two acres includes offices, meeting rooms, warehouse, shop and storage space. Lease: $3,000 per month.

Market Competition and Expansion:

Service Area: Within 90-mile radius Number of Clients: 25 active clients Services: Traffic Signals and Security HVAC, Plumbing and Process, Structural and Steel Erection Growth Opportunities: Expansion into structural and steel erection projects

Reason for Selling:

New Ventures.

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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